Acquisition of SoCloz, the leading editor of SaaS omnichannel software platforms for bricks-and-mortar stores

Savoye, editor, designer and integrator of comprehensive, standard and customized intralogistics solutions, is extending the scope of its Supply Chain Execution solutions to omnichannel retail.

In keeping with the development of its intralogistics business lines, Savoye is pursuing its growth strategy and is today proud to announce the finalisation of the acquisition of SoCloz, the leading editor of SaaS omnichannel software platforms for bricks-and-mortar stores. 

Created in 2012, SoCloz has equipped more than 30,000 stores in 18 countries. This platform is used to put in place all the omnichannel ways both online (Ship from Store, Click & Collect, E-reservation, Express delivery, etc.) and in store (order entry, take-away sales) by combining 3 systems: a check-out system, in-store omnichannel order management, and an OMS to manage in-store orders.  

The advent of omnichannel is one of the keys to emerging from the global retail crisis. It completely changes the idea of in-store software as check-out systems will be replaced with a new, more comprehensive type of software capable of handling all in-store transactions. SoCloz’s aim is to become one of the leading in-store software editors.” says Jérémie Herscovic, SoCloz’s founder.

SoCloz has helped many stores to boost their income (+5 to 10%), reduce inventory shortages (-15%), and cut down on leftover inventory (-10%).

This acquisition will let us implement many synergies including:

  • Product synergies designed to solve retailers’ Supply Chain issues related to the ramping up of their omnichannel strategies and their need for 360° logistics flow management.
  • Accelerating SoCloz’s international marketing via Savoye’s sites in the USA, England, Germany, Italy, the Netherlands, China and Russia.

This operation is triply beneficial for SoCloz as it will allow the company to upgrade its platform more quickly and market it internationally in the short term. This is all the result of our solid shareholding structure that guarantees us great longevity, unlike many smaller companies. SoCloz remains in pole position in the race between in-store software editors.” adds Jérémie Herscovic.

We’re delighted by SoCloz’s arrival, which will mean we can more broadly meet our clients’ Supply Chain management needs, covering both distribution centres and points of sale. This cross-disciplinary approach is a key component in the evolution of our business and our development strategy.” adds Rémy Jeannin, Savoye’s CEO.

 

Jérémie Herscovic, SoCloz's Founder and Rémy Jeannin, Savoye's CEO

 

About SoCloz

Founded in 2012 by Jérémie Herscovic, SoCloz is the leading publisher of SaaS omnichannel software platforms for bricks-and-mortar stores. The company has equipped more than 30,000 stores in 18 countries. This platform, which is a combination of a check-out system, in-store omnichannel order management and an OMS, is used to put in place all the omnichannel journeys both online (Ship from Store, Click & Collect, E-reservation, Express delivery, etc.) and in store (order entry, takeaway sales). The company’s shareholders included several investment funds such as Alven Capital and FaDièse

Some references: Naf-Naf, Monoprix, Maisons du Monde, Jonak, G. Darel, Aigle, etc.

Website: www.socloz.com

 

About Savoye

SAVOYE is a global player in the design, manufacture and integration of machines and automated systems for intralogistics and Supply Chain software solutions, offering a complete range of solutions to meet the needs of logistics organisations, from the simplest to the most complex, that serve SMEs and major clients alike.

Since 20 January 2020, SAVOYE's two main areas of expertise have been joined under two ranges: 

  • Advanced Software, publishing software packages for Supply Chain Execution (OMS, WMS, WCS, TMS, EDI), including the following flagship products: LM XT®, LOGYS®, MAGISTOR®, LM TMS®, LM OMS®.
  • Advanced Technologies for the design, manufacture, and integration of intralogistics systems and its line of automated and robotic goods-to-person solutions for heavy loads (MAGMATIC®) and light loads (X-PTS), order preparation systems, automation of packaging for shipping (JIVARO®, E-JIVARO®, and PAC 600® machines), conveyors (INTELIS®).

SAVOYE has three divisions internationally: Savoye North America Inc. in the USA, Savoye China in Asia, and Savoye Europe & MEA.

Savoye has 760 employees worldwide, and its turnover was €130 million in 2019.

Website: www.savoye.com

 

Assistance

SoCloz’s shareholders including its founder Jérémie Herscovic, Alven and FaDièse were advised by Raphaël Financial Advisory (Benoît Perrin d’Arloz) and Jones Day (Geoffroy Pineau-Valencienne). SoCloz was assisted by MSB (Charles-Philippe Letellier, Alexis Ardisson and Anais Fiquet). Savoye was advised by Jean-Marie Garinot Esq. from the Du Parc law firm.