An overview of our sell-side M&A services
Nexternal acquired by HighJump
The acquisition of Nexternal adds important commerce capabilities for HighJump to further deliver upon its omni-channel vision, and provides new options for HighJump’s 14,000 global customers.
SEG took the time to understand our business and competitive landscape so they could best position our company with prospective buyers, including some of the best software companies in the world. They coached us throughout the process and provided us with honest and straight-forward feedback. It was very evident SEG had our best interests in mind and was not just interested in getting to the finish line as quickly as possible."
- Alex Gile, Co-Founder & Former President, Nexternal
SEG served as exclusive advisor to Nexternal
Client Description
The company
Nexternal provides an omni-channel commerce platform that serves manufacturers, distributors and retailers.
Headquarters
Carlsbad, CA
Buyer Description
The company
HighJump provides supply chain execution software solutions for logistics service providers, and small and medium sized businesses worldwide.
Headquarters
Colorado Springs, CO
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PRESS RELEASE OVERVIEW
SEG Client, Nexternal, Acquired by HighJump Software
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.”