Orisha Expands Reach by Acquiring Wolfpack DCS
Deal News | Nov 12, 2024 | PR Newswire Cision Orisha
Orisha, a European software provider, has announced the acquisition of Dutch company Wolfpack DCS, thereby enhancing its position and offerings within the retail industry. Orisha focuses on sectors including retail, real estate, healthcare, agrifood, and construction, and has recently launched the Retail Chains business unit. Wolfpack DCS, founded in 2017 and headquartered in Amsterdam, is known for its Omni-channel Retail Platform (ORP) that bridges online and offline sales channels. This acquisition promises to expand Orisha's portfolio of order and product channel management solutions, and supports the company's strategy to provide unified commerce experiences. The acquisition will see Orisha Commerce, formerly Retail Chains, offering seamless shopping experiences across B2B, B2C, and D2C sectors. The unit expects to generate €72 million in revenue for 2024 with over 520 employees and 3,500 client brands. Established in France in 2003, Orisha has over 1,800 employees and multiple stakeholders, including TA Associates and Francisco Partners.
Sectors
- Software & Information Technology
- Retail
Geography
- Europe – Orisha is a European software provider with operations and clients across the continent. The acquisition of a Dutch company further highlights the European focus.
- Netherlands – Wolfpack DCS is headquartered in Amsterdam, making the Netherlands significant in the context of this acquisition.
- France – Orisha is based in France, where it also has significant operations and stakeholders.
Industry
- Software & Information Technology – Orisha and Wolfpack DCS operate within the software industry, providing technology solutions for commerce, including omnichannel retail and order management systems.
- Retail – The acquisition bolsters Orisha's offerings for the retail sector, providing tools for managing sales across online and offline channels.
Financials
- €72M – Projected revenue for Orisha Commerce in 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Orisha | Acquirer | Company | A European software provider serving various sectors, seeking to enhance its retail offerings through acquisitions. |
| Wolfpack DCS | Target Company | Company | A Dutch company providing omnichannel retail solutions, founded in 2017 and headquartered in Amsterdam. |
| TA Associates | Shareholder | Company | A global private equity firm that supports Orisha. |
| Francisco Partners | Shareholder | Company | A private equity firm focusing on technology companies, supporting Orisha's growth. |
| Koen den Hollander | Co-founder and CFO | People | Wolfpack DCS executive, expressing enthusiasm for the acquisition. |
| Michel van Koekenberg | Co-founder and CEO | People | CEO of Wolfpack DCS, highlighting strategic alignment with Orisha. |
| Marco de Vries | CEO | People | CEO of Orisha Commerce, emphasizing the strategic benefits of the acquisition. |
| Jacques Ollivier | CEO | People | CEO of Orisha, outlining the strategic goals behind the acquisition. |