Financial Advisor
GlobalWorx Inc.
M&A Advisory
Has Been Acquired By
Transaction Details
- On June 26, 2024, Tactiq announced the acquisition of GlobalWorx Inc.(“GlobalWorx” or “Company”), developer of a real-time, actionable direct-store-delivery (“DSD”) on-shelf-availability communications platform for large format and grocery retail supply chains.
- “Each company has demonstrated how innovative products bring greater transparency in product movement through this DSD ecosystem,” said Bill Lecznar, co-founder of GlobalWorx, who will continue to support Tactiq’s growth. “Bringing these companies and the smart minds behind these technologies together makes tremendous sense and will allow us to keep pushing the envelope in these critical behind-the-scenes operations. Efficiency in this space means everyone can better serve their ultimate customers: today’s consumers, who expect a seamless shopping experience.”
About the company
According to Tactiq’s press release, the deal brings together the two leading companies that provide leading-edge SaaS tools that streamline supply chains by managing the complex data behind the direct-store-delivery industry.
GlobalWorx Inc., a privately owned company based in Richmond, Virginia is the developer of the real-time, actionable DSD on-shelf-availability communications platform. Its award-winning technology streamlines communication, execution and measurement across all partners within the large-format and grocery retail supply chains. To learn more, visit goglobalworx.com.
Sources: Tactiq Press Release.
-
This material has been prepared solely for informational purposes as of its stated date. It is not a solicitation, recommendation or offer to buy or sell any security and does not provide information on which an investment decision to purchase or sell any securities could be based. It does not purport to be a complete description of the securities, markets or developments referred to in this material. Information included in this material was obtained from sources considered to be reliable, but Stephens has not independently verified such information and does not guarantee that it is accurate or complete. No subsequent publication or distribution of this material shall mean or imply that any such information remains current at any time after the date of preparation of this material. Stephens does not undertake to advise you of any changes in any such information. Additional information is available upon request.
“Stephens” (the company brand name) is a leading family-owned investment firm that includes Stephens Inc. (Member NYSE/SIPC), Stephens Investment Management Group, LLC, Stephens Insurance, LLC, Stephens Capital Partners LLC and Stephens Europe Limited (Registered office: 12 Arthur Street, London, EC4R 9AB, Registered number 8817024), which is authorised and regulated by the Financial Conduct Authority. © 2024 Stephens.