Selective Search, Successful Acquisition FE International curated a list of buyers for Stocky - leading to its acquisition by Shopify
Company Overview:
Sold to
Stocky delivers a comprehensive platform for businesses looking to optimize their inventory management using Shopify POS Pro. Boasting an array of powerful tools, from creating and managing purchase orders to seamless communication with suppliers, Stocky ensures efficient and strategic stock handling. FE International led Stocky in a highly competitive process because of the firm's experience in the marketplace apps space. The process resulted in its acquisition by Shopify, which plans to integrate the tools to make its in-house offerings more robust.
NYSE: SHOP
B2B SaaS Shopify App Inventory Management
Key Value Drivers:
Buyer Interest:
Process Results:
• Impressive reach within a vast addressable target market comprising hundreds of thousands of potential users • Consistent revenue acceleration observed over the past three years. • Outstanding product reputation underlined by stellar user reviews and top-tier ratings • Operational prowess demonstrated by lean processes, facilitating enviable high margins
• 150 Parties Contacted
• 5 offers received, all from strategics
• FE International garnered significant attention from strategic entities. • This led to 5 competitive bids for the company, ensuring not only the perfect buyer but also 2 additional
backup offers, showcasing our commitment to exceeding client expectations
31
Made with FlippingBook Online newsletter maker