Routeique Inc. Announces Acquisition of sdmg
CALGARY, Alberta (PRWEB) August 23, 2018 -- Routeique is pleased to announce the acquisition of sdmg, a 15 year old company specializing in digital solutions for major retailers. The marriage of the two companies will add retailer platform solutions to the already formidable digital supply chain solutions Routeique provides for manufacturers and distribution firms.
"Routeique and sdmg are a formidable team, covering all ends of the supply chain spectrum from manufacturing and distribution, to retailers and customers. Together, our platform can more seamlessly serve the needs of our customers, while bringing greater visibility and synchronization to the supply chain.", says Mike Allan, President of Routeique. "We also have the added bonus of bringing Kaitlin Mercier and her enterprise-level account management team into the fold, which will help to bolster our ability to manage and service our enterprise customers on both sides."
Given Routeique's traction with international manufacturers, distribution firms and the retailers they supply, this acquisition will bolster the company's ability to service supply chain customers from end-to-end. The two companies will focus more heavily on providing enhanced inventory management throughout the supply chain, as well as adding real-time payment, clearing and settlement services.
Kaitlin Mercier of sdmg says “we’re thrilled at the prospect of what Routeique and sdmg can accomplish together. Our company cultures and dedication to service excellence blend seamlessly. Routeique’s proven track record for technology innovation and end-to-end supply chain solutions combined with sdmg’s retail experience means exciting things for our clients.”
The funding for this acquisition was provided by Lancaster Investments of Madison, Wisconsin, in a deal that was announced earlier in August.
ABOUT ROUTEIQUE
Routeique offers a complete logistics platform for supply chains, including end-to-end order management, inventory and warehouse management, mobile invoicing and settlement, route optimization and planning, signature capture and proof of delivery. The company works across all areas of the supply chain space from manufacturers to distributors to retailers.
ABOUT SDMG
sdmg is a 15-year-old company that has amassed a virtual who's who of customers in the retail space, including HBC, Best Buy, Canadian Tire, Lord and Taylor, Saks, Sears, Sports Chek, and a host of others.
ABOUT LANCASTER INVESTMENTS
Lancaster Investments is a family office with a diverse portfolio of real estate and startup holdings. With deep roots in the automotive industry, many of the firm’s early-stage holdings support transportation innovations. Lancaster Investments is based in Madison, Wisconsin (USA).
Mike Allan, Routeique Inc, http://www.routeique.com, +1 4036129391, [email protected]
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