SEG Client, Nexternal, Acquired by Highjump Software
SAN DIEGO, CA - May 26, 2015 - Software Equity Group, LLC (SEG) announced today its client, Nexternal, a leading cloud eCommerce platform provider, has been acquired by HighJump, a global provider of supply chain management solutions.
Nexternal provides an omni-channel commerce platform that serves manufacturers, distributors and retailers. Nexternal’s platform includes a functionally rich order management system that captures both business-to-business and business-to-consumer orders, via standard and mobile web browsers. Going beyond traditional eCommerce, companies use Nexternal’s commerce platform to run call centers, generate and manage subscription orders, retrieve Amazon marketplace orders, create club orders and receive orders from other systems via its API. The system acts as the single hub for all pricing, promotions, status and customer care related to the order management lifecycle.
“HighJump continues to build on our strategy of providing end-to-end supply chain solutions built upon a common, adaptable technology platform,” said Michael Cornell, CEO of HighJump. “The acquisition of Nexternal adds important commerce capabilities to further deliver upon HighJump’s omni-channel vision and provides new options for HighJump’s 14,000 global customers.”
“The combination of Nexternal and HighJump will allow us to bring a unique set of technologies to our customers and our markets. Through its TrueCommerce division, HighJump is currently facilitating B2B transactions via EDI. For those customers, we can provide a second option - capturing B2B transactions via the web,” said Alex Gile, founder and President of Nexternal. “Furthermore, currently there is not a single provider of a unified eCommerce platform and warehouse management system. We look forward to changing that with this combination. I am confident that this combination provides great benefits for our customers, and provides long-term opportunity for our employees.”
About Software Equity Group
Software Equity Group (SEG) provides unparalleled M&A advisory services for emerging and established software companies. For more than twenty years, SEG has worked alongside its software industry clients to drive extraordinary outcomes for the client’s shareholders, employees and customers. Over this time period, SEG has managed hundreds of sell-side M&A transactions, representing billions of dollars of aggregate transaction value. SEG’s unwavering commitment to the software industry equates to unmatched expertise across software industry product categories, delivery models, technology and end market verticals; and unrivaled access to key decision makers among strategic and private equity buyers.