Silverfleet Capital backs order management system venture OneStock
Order management system software solution provider, OneStock, has secured an undisclosed investment from European private equity firm, Silverfleet Capital.
OneStock currently works with over 60 European retailers, including Ted Baker, Pets At Home, Phase Eight, Whistles, Reiss, Monsoon Accessorize, Jigsaw, Hobbs, and Intersport.
It says that Silverfleet Capital’s investment will “accelerate our growth strategy for the coming years, underpinning key advancements in our technology roadmap as we eye international expansion, while broadening our footprint into new and emerging sectors.”
This will include recruitment of more than 30 people in 2021.
“This move marks an important step for OneStock, which has succeeded in establishing its expertise in just a few years to become a leading provider.,” says Romulus Grigoras, Co-founder and CEO, OneStock.
“We are very pleased to be partnering with this international equity firm that understands our vision and will be a valuable ally in the next stage of our development.”
"OneStock is a great success story with a unique value proposition,” comments Alex Brebbia, Partner in charge of the European Development Fund at Silverfleet Capital.
“Its ability to respond closely to its customers' needs, coupled with the agility and high technical specification of its solution means that it is uniquely placed to consolidate and grow its position as the market leader for OMS in the countries where it operates.”