Orisha Strengthens Growth with Wolfpack DCS Acquisition
Orisha Announces Acquisition of Wolfpack DCS
Orisha, a leading European software provider catering to various sectors including commerce, healthcare, and construction, has made a significant stride by acquiring Wolfpack DCS, a distinguished Dutch firm specializing in unified commerce solutions.
Expanding Commerce Technology Portfolio
This acquisition adds valuable capabilities to Orisha’s existing portfolio of commerce technologies, which encompasses renowned brands like Cow Hills, Openbravo, and Core-suite. The merger not only enhances Orisha's offerings but also strengthens its foothold in the retail sector, paving the way for enhanced international collaboration.
Strengthening Growth Ambitions
The collaboration between Cow Hills and Wolfpack DCS marks a strategic move for Orisha, emphasizing its commitment to expanding operations particularly in sectors requiring seamless digital and physical commerce integration. This is evidenced by a substantial focus on enhancing partnerships across the commerce sector.
Seamless Shopping Experiences
With a strong presence in BtoB, BtoC, and D2C verticals, Orisha Commerce aims to deliver coherent shopping experiences across both physical and digital platforms. This Business Unit boasts a sizable workforce of over 520 dedicated employees across Europe, with projected revenues reaching €72M in the upcoming fiscal year and over 3,500 client brands relying on their services.
Innovative Solutions through Acquisition
Founded in 2017, Wolfpack DCS is recognized for its Omni-channel Retail Platform (ORP), which provides retailers with a sophisticated solution to effectively connect various sales channels. This includes webshops, B2B portals, and online marketplaces alongside traditional physical stores, thereby optimizing order and inventory management. The acquisition amplifies Orisha's capabilities in order management systems (OMS) and product channel management (PCM), which are vital for retailers pursuing an omnichannel strategy.
Comprehensive Suite of Unified Commerce Solutions
Incorporating Wolfpack into Orisha's Commerce Business Unit significantly boosts the value proposition of its suite of unified commerce SaaS solutions. With enhanced modularity and premium positioning in cloud solutions, clients stand to benefit from advanced technology integrations with various e-commerce applications and ERPs.
Strategic Growth with Industry Experts
Koen den Hollander, who co-founded Wolfpack, expressed enthusiasm about this new phase with Orisha, highlighting the potential to expand the ORP solution into new global markets. His sentiments were echoed by Michel van Koekenberg, stressing the natural progression of their collaboration with Orisha Group, which confirms a commitment to innovate and grow together.
Marco de Vries, the CEO of Orisha Commerce, remarked on the enhanced offerings resulting from this acquisition, emphasizing the importance of an integrated omnichannel experience for retail clients.
Comprehensive Omnichannel Solutions for Retailers
Jacques Ollivier, CEO of Orisha, noted that the acquisition aligns with their broader strategy to solidify their offerings, asserting that the integration of Wolfpack's expertise is essential for meeting evolving market dynamics.
Upcoming Showcase at Tech for Retail Exhibition
Orisha Commerce is set to present its comprehensive suite of SaaS solutions for unified commerce at the upcoming Tech for Retail exhibition, underscoring the innovative solutions brought forth by the Wolfpack acquisition.
About Orisha
Established in 2003, Orisha has emerged as a formidable player in providing tailored solutions for retail, real estate, healthcare, and other sectors. Their continued innovation has facilitated millions of daily interactions in an interconnected landscape. Recently, Orisha gained backing from TA Associates, a leader in global private equity, and in a step towards further growth, welcomed Francisco Partners as a shareholder to expand their operations.
About Wolfpack DCS
Wolfpack Digital Commerce Solutions has specialized in omnichannel solutions since its inception in 2017. With a headquarters in Amsterdam, they provide advanced order and stock management systems tailored for the retail industry, assisting various leading brands across Europe and beyond. Their ORP solution allows retailers to create integrated and seamless shopping journeys.
Frequently Asked Questions
What is the significance of Orisha's acquisition of Wolfpack DCS?
This acquisition allows Orisha to enhance its portfolio of commerce technology solutions and solidify its position in the retail sector.
How does Wolfpack DCS contribute to Orisha's offerings?
Wolfpack DCS brings its Omni-channel Retail Platform (ORP), which connects online and offline sales channels for improved inventory and order management.
What is the target market for the solutions provided by Orisha?
Orisha's solutions cater to multiple sectors including retail, healthcare, and construction, focusing primarily on enhancing the commerce experience.
How many employees does Orisha Commerce have?
Orisha Commerce employs over 520 individuals across Europe, supporting a vast client base of more than 3,500 brands.
What is the projected revenue for Orisha in 2024?
Orisha's projected revenue for the upcoming fiscal year is approximately €72M.
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