Alantra advises Holland Capital on the sale of Magnus Black
SECTORTechnology
ServiceM&A
Amsterdam / London – Alantra advises Holland Capital and other shareholders on the sale of Magnus Black, a leading Order Management Software (OMS) provider.
Magnus Black’ s suite of cloud-native OIL solutions, available as SaaS, allow to manage complex omnichannel orders and processes while enhancing the consumer experience through advanced and innovative capabilities around unified inventory, ship-from-store, click & collect, returns management, drop shipment, delivery promises and more. OIL is recognized by Gartner in its market guides for Distributed Order Management and Retail Store Inventory Management.
Holland Capital, one of the first independent private equity firms in the Netherlands, has been successfully and responsibly investing in promising small and medium-sized Dutch and German businesses with growth ambitions for over 40 years. They have made over 150 investments with a clear strategy focused on anticipating long-term trends in attractive growth markets, particularly in the Healthcare and Technology sectors.
Hardis Group, a consulting and IT services company, Salesforce integrator, and independent logistics software vendor, is the buyer in this transaction. Hardis Group’s mission is to accelerate transformation in retail, supply chain, and information systems, with a particular focus on cloud technologies. Its 1,500 employees support the strategic, organizational, and technological transformations of companies throughout Europe to enhance their competitive edge, productivity, and attractiveness.
Lodewijk Sodderland, Managing Director at Alantra, said: “We see a great opportunity for Magnus Black to grow the business as part of Hardis Group and it was a pleasure to help Magnus Black find this strategic partner.”
Oliver Parker, Managing Director at Alantra, added: “This transaction demonstrates both continued momentum for Alantra across B2B software and specific deep experience in unified commerce and OMS software, having recently advised OneStock on its growth investment from Summit Partners and Cow Hills Retail on its sale to Orisha. There is strong strategic rationale for Hardis Group in the transaction as it represents a natural extension to their existing capabilities around logistics and supply chain into order and inventory management, where there continues to be strong convergence.”
