Gladson, a portfolio company of The Wicks Group, has announced that it has acquired both FSEnet+, a product data management and syndication provider, and Webcollage, the cloud-based platform for manufacturers to manage and publish rich product information across a vast network of retailer sites globally, the company said.
Combined with Gladson´s industry-leading digital content hub of consumer goods product information and images, the three companies together offer a powerful end-to-end product content management experience. The acquisitions will enable brands and retailers to drive efficiency in their supply chain, space management and eCommerce operations to increase conversions and optimize digital and in-store experiences. The terms of the transactions were not disclosed.
Wicks and Gladson were advised by Winston & Strawn LLP on the transactions.
The Wicks Group (http://www.wicksgroup.com) is a private investment firm based in New York City that invests in lower-middle-market companies operating in selected segments of the information, education, and media industries principally in the United States and Canada. Since its founding in 1989, Wicks has invested over USD 1 billion of capital in more than 30 platform companies and approximately 100 add-on acquisitions. The firm has applied a consistent investment strategy since its founding, partnering with high-quality, experienced management teams to build businesses organically and through acquisitions.