Descartes acquires UK firm Peoplevox for almost £20m
Descartes Systems Group has acquired Peoplevox, a provider of cloud-based eCommerce WMS, for £20m.
Headquartered in the UK, Peoplevox serves direct-to-consumer eCommerce customers around the world. Peoplevox’s web-based eWMS and ecommerce fulfilment solutions help customers seamlessly connect to webshop front ends, translate order information into a mobile-driven pick and pack process within the warehouse and then feed parcel delivery systems for shipment execution. The company’s customers include direct-to-consumer brands, ecommerce retailers and traditional retailers with physical stores looking to enhance their online presence to meet the need for omni-channel deliveries to consumers.
Jonathan Bellwood (pictured), founder of Peoplevox is now VP Industry Solutions at Descartes.
“Our web-based eWMS was built with eComm in mind. It helps customers turn fulfilment into a competitive advantage. By combining with Descartes, we see an opportunity to extend our market reach and integrate with complementary technologies to manage the full lifecycle of domestic and cross-border eCommerce shipments.”
Descartes CEO Edward Ryan added: “Like our investments in Oz, pixi and ShipRush, Peoplevox adds density and domain expertise to what is an increasingly important area of our business – eCommerce.”
Peoplevox is headquartered in London, England. Descartes acquired Peoplevox for GBP 19.4 million (approximately US $25.2 million), net of working capital, satisfied from cash on hand and Descartes’ existing line of credit.