20 January 2022
Queensland-based retail point of sale (POS) software provider, Retail Express, has been acquired by Canadian ecommerce and marketing automation software company, Maropost, in a deal valued in excess of CAD $50m / AUD $55 million.
Coghlan Duffy + Co acted for Retail Express in the transaction. The team was led by Director, John Coghlan, with support from Associate Director, Zain Kazi, Lawyer, Marcus Triado and Graduate Lawyer, Jess Grills.
This strategic acquisition complements Maropost’s existing suite of software platforms and solutions and is its second acquisition in the past 12 months, following its purchase of Australian technology business, Neto.
For more information about this transaction, please refer to the Retail Express media release and the recent articles in BetaKit and PRWire.
About Retail Express
Retail Express provides its retail clients with a suite of cloud-based retail software solutions, covering POS, ecommerce, marketing, business intelligence, logistics and inventory management. Led by its Founder and CEO, Aaron Blackman, Retail Express has enjoyed impressive growth since its inception and now services over 5,000 retailers across multiple industries, including, fashion, homewares, nutrition, sports, toys and workwear. Retail Express counts the likes of Forty Winks, Giant, Sportspower, Jo Mercer, Toyworld, Seiko and Mulberry as its valued clients. For more information, please visit Retail Express’ website here.
About Maropost
Maropost is a fast-growing Canadian ecommerce and marketing automation software company with significant global presence and a range of impressive clients. Founded in 2011 by Ross Paquette, Maropost has offices in Canada, the United States, Australia, India and Sweden. For more information, please visit Maropost’s website here.
For further information, contact:
John Coghlan | Director
E: jcoghlan@cdandco.com.au
Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.
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