On October 25, 2017, Agility Multichannel Limited ("Agility Multichannel"), a Product Information Management (PIM) enterprise software provider focused on product content management and syndication for multichannel commerce enablement, announced its acquisition by Magnitude Software, Inc., ("Magnitude Software"), an Audax Group portfolio company.
Technology M&A Practice (Formerly Pagemill Partners) served as exclusive financial advisor to Agility Multichannel in connection with the sale transaction.
Richard Hunt, CEO of Agility Multichannel, commented: “We are delighted with the transaction, and would not hesitate to recommend Pagemill Partners to other software entrepreneurs contemplating a sale of their business. The team demonstrated their expertise in understanding our business and market, and led a smooth trans-Atlantic process which delivered a great outcome.”
About Agility Multichannel
Agility® is a simple-to-use and highly sophisticated PIM solution that puts your most valuable product data at the stable core of a go-anywhere, sell-everywhere commerce strategy. Agility Multichannel sell and service customers via offices in U.S., UK, and Sweden, along with integration and reseller partners throughout the world. For more information, please visit www.agilitymultichannel.com
About Magnitude Software
Magnitude Software leads the way in delivering corporate insights for digital transformation with solutions that tackle the growing problem of data fragmentation in organizations of all sizes. Magnitude Software's portfolio of products includes: pervasive connectivity, master data management (MDM) and pre-packaged analytics solutions for corporate performance management (CPM). The Company’s software and solutions drive real business results for hundreds of thousands of users around the globe while reducing operational cost and risk. For more information, please visit www.magnitude.com