Kevin and Wilf, I realize this email is a bit tardy, but as you can imagine, I have been quite busy. I wanted to thank you both for managing and facilitating the process by which Cambar was acquired by Robocom. Your direction and advice throughout the process was very helpful and most appreciated. For me it was a learning process and I thank you for the education. Best wishes to you both. - Rick Register, Robocom Systems International
Tequity acted as the exclusive financial advisor to Cambar Solutions Inc., a progressive developer of innovative warehouse management software serving manufacturers, distributors and 3rd party logistics providers based in Charleston, South Carolina, on their acquisition by Robocom Systems International based in Farmingdale, NY. The combined companies will operate as Robocom Systems International and will maintain an office in Charleston SC.
Kevin Tribe, lead advisor and Managing Director at Tequity said “Strategic buyers with cash are accelerating the ongoing consolidation in maturing software markets. They are supplementing slow organic growth with synergistic acquisitions. It is an ideal time for the shareholders of tech firms considering “selling up” to buyers that can take their company to the next level of success.” He further added “The addition of Cambar’s domain expertise in Order Management and Distribution will allow Robocom to expand its product offering while Robocom’s labor management, voice-directed technology, and transportation solutions will offer strong value to Cambar’s customers.
Robocom is a supply chain software company. Our products focus on supply chain execution, from warehouse management and transportation management to voice picking, labor management, proof of delivery and asset management. An enterprise transportation system and enterprise resource planning system round out our supply chain offering. Our people are experts in the field of supply chain software and the application of software to solve supply chain execution problems while reducing operating costs. See www.robocom.com
Tequity provides M&A advisory services to Enterprise Software and Information Technology companies in the mid-market across North America and around the globe with a primary focus on strategic sales, mergers, and carve-outs. As business operations and growth specialists who have built companies, raised capital, and successfully exited, we bring real world experience to any M&A discussion.
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