Twitter LinkedIn
    Sunday, October 1
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Investments»NewSpring Growth makes Deposco investment
    Investments

    NewSpring Growth makes Deposco investment

    March 5, 20212 Mins Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    NewSpring Growth has invested in Deposco, a provider of cloud-based omnichannel fulfilment software solutions.

    Deposco’s suite of revolutionary e-commerce, retail, and omnichannel capabilities help online merchants, consumer brands, retailers, and 3PLs optimise their supply chain operations. The company provides its clients with order orchestration, advanced warehouse management, dynamic sourcing, business forecasting, and synchronised e-store applications that drive revenue growth and enhance the customer buying experience in direct-to-consumer and business-to-business environments. To date, Deposco has supported over 120 million package orders, over 600 online stores, reached 35 million consumers, and enabled over USD10 billion in total gross merchandise value through its platform.

    “As order fulfilment becomes a critical driver of the brand experience for many businesses, optimising this essential function is a key to success,” says Hart Callahan, NewSpring Principal. “Merchants are increasingly looking for partners that can provide them with the software and guidance necessary to build close connections with their customers, and Deposco is uniquely positioned to fill this gap in the market. We believe Deposco is primed for significant growth as this trend continues, and we’re excited to be a part of their ongoing success story.”

    Deposco plans to use the proceeds from this investment to broaden and deepen its suite of unified commerce solutions and expand its presence in established and new international markets. Led by Founder and CEO Bill Gibson, Deposco is run by an innovative management team that is dedicated to finding new fulfilment solutions for its customers and growing the company.

    Read more/Source: Private Equity Wire

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Capital deals Investments PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Private equity firms Apollo and KKR among those reviewing Silicon Valley Bank loans

    March 16, 2023

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    KKR looking to sell Canadian gas producer Westbrick for $1.13B

    November 18, 2022

    Comments are closed.

    Other Articles

    Carlyle launches renewable energy development platform Telis Energy in Europe

    November 15, 2022

    HIG Capital sells Hart & Cooley

    October 7, 2021

    Nestlé in talks with One Rock consortium over sale of bottled water

    February 3, 2021

    Fintech firm Checkout.com’s valuation touches $40 bln after latest funding

    January 13, 2022

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?