Mergers & Acquisitions

It’s not easy to stay on top of the latest company realignments in the retail industry. It’s a volatile environment — across retailer segments as well as solution provider organizations. As soon as the announcements are made, Retail TouchPoints publishes an article covering the news, in this Mergers & Acquisitions section. Learn about the latest developments here.

Accellos And HighJump Software Merge To Optimize Supply Chain Operations

Accellos, a global software solutions provider, has merged with supply chain management company HighJump Software, to help retailers enhance their omnichannel operations. With 11,000 customers across 23 countries, the new merged company will be designed to provide a product portfolio that helps retailers, distributors, manufacturers and logistics service providers manage complex order fulfillment cycles and collaborate with supply chain partners.

Merkle Acquires RKG To Bolster Digital Agency Services

Merkle, a CRM and marketing agency, has acquired RKG, a search and digital marketing agency based in Charlottesville, Va. Financial terms of the deal have not been disclosed. This marks the second digital agency acquisition Merkle has completed in 2014, putting the agency on a promising path for the rest of the year. Between 2012 and 2013, Merkle experienced a net revenue increase of 43%.

Vestis Retail Group To Acquire Sport Chalet

Vestis Retail Group, parent company of Bob’s Stores and Eastern Mountain Sports, has signed a definitive agreement to acquire sporting goods retailer Sport Chalet. Vestis, which is owned by private equity firm Versa Capital Management, will purchase all outstanding shares of Sport Chalet for $1.20 per share. The transaction is expected to close during Q3 2014. When the acquisition is finalized, Vestis Retail Group will have a national footprint and offer an extensive assortment of branded technical, performance and lifestyle merchandise. Sport Chalet will continue to operate under its own brand name and no stores are expected to be shuttered.

Oracle To Purchase MICROS For $5.3 Billion

Oracle Corp. announced today that it will acquire retail and hospitality software provider MICROS for $5.3 billion. The deal is expected to close by the end of 2014.  MICROS is valued at $68 a share, a slight bump from the company’s closing price of $65.77 a share on Friday, June 20, according to reports from The New York Times.

FTC Approves Men’s Wearhouse-Jos. A. Bank Merger

  • Published in News Briefs
The Federal Trade Commission (FTC) has confirmed the merger between Men’s Wearhouse and Jos. A Bank, answering questions about whether or not the merger would have violated antitrust laws. As previously announced, Men's Wearhouse and Jos. A. Bank entered into a merger agreement in which Men's Wearhouse is set to…

Moxie Acquires Technology From SimplyBox

Customer-centric software company Moxie has purchased real-time, in context technology from SimplyBox, which will be added to the Moxie platform. As a result, Moxie customers will be able to better anticipate customer intent and better engage shoppers in real time and across all channels. “The acquisition of the SimplyBox technology broadens Moxie’s capabilities and will allow enterprises to engage customers as soon as they step through the ‘online’ door,” said Rebecca Ward, President and CEO of Moxie. “When today’s consumers try to do business with a company on a mobile device or on the web, the experience feels like entering an empty storefront — there is no one there to help you.” Using Moxie technology, however, businesses can create more relevant experiences throughout the digital browsing and buying journey. Live chat, email, social media and web self-service solutions are designed to help businesses anticipate intent and connect with shoppers in real time on their channel of choice. 

SAP To Acquire SeeWhy

SAP AG has announced the intention to acquire behavioral marketing solutions provider SeeWhy to complement its hybris customer engagement and commerce platform. The transaction is subject to regulatory and other closing conditions. SAP expects to complete the transaction in Q2 2014.

Vantiv To Acquire Mercury Payment Systems For $1.65 Billion

Vantiv, Inc., a provider of payment processing services and technology solutions for merchants and financial institutions, is acquiring Mercury Payment Systems, LLC for an $1.65 billion. The transaction is expected to close in Q2 2014. Strategically focused on strengthening its business within the merchant and financial institution markets, Vantiv anticipates that the Mercury acquisition will help expand its business and accelerate overall growth in the payment space.

RetailMeNot Acquires Pickie

Digital coupon marketplace RetailMeNot has acquired Pickie, a personalized shopping application provider for fashion, beauty and home goods. Financial terms of the acquisition were not disclosed. In an announcement on the web site, the Pickie team explained that over the past two years, the company has created an app designed to make tablet shopping more relevant and engaging “through personalized, tablet-optimized experiences.” Over the past few months, Pickie established a white label version of the technology to enable brands to create their own catalog apps for the iPad.

Zebra Technologies Buys Motorola Enterprise Business For $3.45 Billion

In a move that will seemingly shake up the retail hardware industry, Zebra Technologies has entered a definitive agreement with Motorola Solutions to acquire Motorola’s Enterprise business for $3.45 billion in an all-cash transaction. The purchase, which was approved by the Zebra and Motorola Boards of Directors, is expected to be finalized by the end of 2014. “This acquisition will transform Zebra into a leading provider of solutions that deliver greater intelligence and insights into our customers’ enterprises and extended value chains,” said Anders Gustafsson, CEO of Zebra Technologies. “The Enterprise business will generate significant value for our shareholders by driving further product innovation and deeper engagement with our customers and partners. It positions Zebra as a leading technology innovator, with the accelerating convergence of mobility, data analytics and cloud computing.”

DMI Acquires KnowledgePath

Digital Management, Inc. (DMI), a provider of enterprise mobile and Big Data solutions and services, has acquired KnowledgePath, a vendor of mobile and omnichannel commerce solutions. With the addition of KnowledgePath, DMI will be equipped to offer a comprehensive, integrated solution set for enterprise mobility, Big Data, mobile and e-Commerce.

Merchant Warehouse Acquires Opticard To Strengthen Loyalty Offering

Merchant Warehouse, a provider of payment technologies, has acquired gift and loyalty company Opticard to offer deeper mobile and digital engagement opportunities to small and mid-sized businesses (SMBs). With a broader suite of gift, loyalty and prepaid programs, Merchant Warehouse will be able to “round out our offering to merchants by giving them more tools to grow and expand their business,” said Chris Wuhrer, SVP Strategic Initiatives and Product Marketing, in an interview with Retail TouchPoints. Customer retention and loyalty have become paramount to retailers, even in the SMB space. The acquisition will enable Merchant Warehouse to offer its SMB customers a cohesive solution that combines payment, gift card and loyalty programs. “Currently, we’re seeing businesses become quite savvy around customer acquisition and retention,” Wuhrer said. “SMBs also understand that combining payments with loyalty and rewards, discount loyalty and punch cards can increase both frequency and spend.”

IgnitionOne Acquires Knotice To Expand Digital Marketing Suite

IgnitionOne, a cloud-based digital marketing technology provider, has acquired data management and multichannel messaging company Knotice in an effort to expand its Digital Marketing Suite SM (DMS). Terms of the deal were not disclosed.  Knotice's cloud-based Data Management Platform (DMP) offers actionable analytics and digital messaging, including features such as data collection, consolidation and enrichment, an email CRM system, advanced text-message marketing and cross-device clarity. The addition of these components into the IgnitionOne platform will help marketers improve their digital marketing performance via media optimization, marketing automation, cross-channel attribution and engagement scoring.

Ensighten Acquires TagMan To “Redefine The Marketing Cloud”

Ensighten, an enterprise data and tag management platform provider, has acquired fellow tag management provider TagMan. Financial terms of the acquisition have not been disclosed, but Ensighten recently acquired $40 million through Series B fundraising. There will be no business or technical disruption as a result of the acquisition, according to a statement on the Ensighten web site. TagMan customers will have access to both the TagMan Marketing Data and Attribution Platform and the Ensighten Agile Marketing Platform.

UPDATE: Fast Retailing, J. Crew Deal Falls Through

UPDATE: According to reports from The Wall Street Journal, merger discussions between J. Crew Group Inc. and Fast Retailing have fallen through. People familiar with the situation indicated that news of the deal going public may have been the reason Fast Retailing walked away from the discussion with the J. Crew management team and the company’s private-equity owners. Now that the deal has fallen through, The Wall Street Journal noted that it is “more likely that J. Crew’s owners will seek to take the company public.” Below is our initial coverage of the news, published on March 6, 2014. The fashion industry is buzzing about Fast Retailing’s potential acquisition of J. Crew Group Inc., which includes J. Crew, crewcuts and Madewell brands. However, J. Crew’s current price tag of $5 billion seems to be stalling movement toward finalizing a deal. J. Crew Group Inc. is a private company owned by TPG Capital LP and Leonard Green & Partners LP.
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