Openbravo announces its acquisition by the leading French group DL Software

ByLance T. Lee

Nov 24, 2022

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Barcelona, ​​Spain, November 24, 2022 /PRNewswire/ — Openbravo, the Spanish provider of a unified commerce platform for agile and innovative commerce, today announced that it is joining DL softwarea leader FranceNew York-based vertical software provider group that is on an ambitious path to internationalize its business footprint.

Created in 2003, DL Software brings together 23 companies organized into 4 Business Units (Retail, Real Estate, Health and Construction) and brings together more than 1,500 employees in 6 countries (France, Spain, Netherlands, Belgium, Luxemburg and Israel).

Since 2021, DL Software has benefited from the expertise and support of TA Associates, the Group’s majority shareholder and leader in growth investment capital, and has reached the milestone of 200 million euros in turnover. In 2023, the Group will pursue its pan-European growth strategy and intends to position itself as an international specialist in multi-sector vertical software.

Marco de VriesCEO of Openbravo, says: “We are extremely excited to be part of a great company ready to help us accelerate our growth strategy. DL Software has an excellent reputation and this acquisition represents significant recognition of our solutions, team and our accomplishments to date.DL Software has a proven track record of adding security, stability, and resources to fuel the growth and innovation of the companies they acquire. will help take our business to the next level and it will benefit our current and future employees, customers and partners.”

“I would also like to thank, on behalf of all of our employees, our former shareholders Amadeus Capital, Adara Ventures and SODENA, for their fantastic support and guidance over the past few years,” added de Vries.

Jacques Olivierpresident of DL Software, says: “We’ve been following Openbravo for a few years and are impressed with their growth trajectory and how quickly they’ve become a benchmark player in the retail software market. From the first conversations, we noted a great cultural and commercial fit with Marco and the team, which we confirmed during the usual analysis phase. We are confident that Openbravo is a great addition to our portfolio of specialized vertical market solutions, and will help us not only strengthen our presence in the retail space, but also to accelerate our international expansion, Openbravo already having customers present today in more than 50 countries.”

About Openbravo

Openbravo is the software platform of choice for brands and retailers looking to accelerate their unified commerce strategy and increase the agility of their operations. It is a fully modular platform that integrates online and offline channels and provides intelligent order management, a single real-time view of customers and inventory, and a complete store solution for deliver more personalized and convenient experiences. It is an all-in-one cloud solution.

International customers such as BUT, Decathlon, Flunch, Norauto, Sharaf DG, Toys ‘R’ Us Iberia and Zôdio, present in more than 50 countries, prefer Openbravo, which is now used by more than 10,000 back office users and in more than 40,000 customer touch points, such as POS and self-service kiosks, kiosks and more.

www.openbravo.com

About DL Software

Founded in 2003, DL Software is a specialized vertical software publisher. The group includes 23 verticalized solutions divided into four major divisions (Retail, Real Estate, Health, Construction). Since 2021, DL Software has been supported by the TA Associates fund, a major player in private equity, particularly active in technology investments.

www.dlsoftware.fr

Contact:

Xavier Places
Marketing director
+34 607 676 568
[email protected]

Photo: https://mma.prnewswire.com/media/1954858/OB_and_DL.jpg
Logo: https://mma.prnewswire.com/media/703504/Openbravo_Logo.jpg

SOURCEOpenbravo

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