The Palladium Group has sold Pace Retail Planning Software to Alvarez & Marsal
The Palladium Group (Palladium) has announced the sale of a product known as Pace Retail Planning Software in a competitive divestiture process to Alvarez & Marsal (A&M), a leading business consulting platform with a significant focus on the retail industry. Financial details have not been disclosed.
The Pace Retail Planning Software is a sophisticated, integrated planning application that extends Oracle-Hyperion solutions with merchandise, operations, and DC capacity and productivity planning.
A&M draws on a deep operational heritage and hands-on approach to deliver comprehensive performance improvement, turnaround management, business advisory and interim management services that produce meaningful and lasting results. The company applies its capabilities across industry sectors, with dedicated industry expertise in financial services, healthcare, real estate and the public sector in offices around the world.
Palladium is a leading strategy execution and performance management firm that delivers consulting services, solutions and tools to companies on a global basis. In early 2010, Palladium undertook a strategic realignment initiative, whereby it deemed certain technology assets to be non-core and fully divestible.
Oaklins' team in Boston assisted the seller in identifying a potential acquiror for its retail planning software technology and the associated employees, active contracts and intellectual property.
Talk to the deal team
Bradford A. Adams
Oaklins TM Capital
Related deals
iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreBezeq Online has been acquired by One Software Technologies
Bezeq Online has been acquired by ONE Software Technologies Ltd., enabling ONE Technologies to offer innovative solutions through full integration of advanced technology, real-time data analysis and proven service capabilities nationwide. ONE Technologies’ goal is to develop the next generation of service solutions, including AI-based tools, automation, multi-channel digital services and advanced CRM systems, all designed to deliver a continuous, accurate and effective customer experience.
Learn moreLargest AIM IPO in the business support services sector over the past five years has been completed
MHA plc raised US$131 million (£98 million) through a placing and retail offer, achieving a market capitalization of approximately US$363 million (£271 million) on admission. This was the largest AIM IPO in the business support services sector over the past five years. The IPO provides a platform for continued investment in technology, talent and acquisitions, supporting the group’s ambition to become a top 10 UK professional services firm.
Learn more