The Argility Technology Group (ATG) has announced an exciting business development as it becomes part of a global enterprise – the Smollan Group – an intelligent commerce solutions business, driving sustainable growth and operational excellence. Smollan has acquired ATG from Capital Eye Investments – a private equity and venture capital company that invests in technology-driven businesses with a particular focus on emerging markets.
Smollan has a 90-year history of partnering with brands to create and execute insight-led solutions to deliver growth, wider distribution and operational efficiency.
ATG’s origins trace back to a 35-year plus history as a leading software developer and supplier to the retail and supply chain sectors.
James Collett, Smollan Chief Data Officer, emphasises the importance of the strategic acquisition.
"ATG joining the Smollan Group is a significant step forward in our strategy to expand our technology and data offering within retail and supply chain. We are extremely excited about the synergies which exist between the businesses, and as a leading global commerce solution company, we will be looking to grow the ATG footprint internationally. An aligned and strong culture is always foundational to creating a successful partnership, and in ATG and its people, we believe that we have found just that. We look forward to welcoming ATG into the Smollan family,” says Collett.
Marko Salic, ATG CEO, notes this is one of the most important events in the history of Argility.
“ATG is immensely excited about this new phase in the history of the group. Over the past five years, we have made notable strategic investments in the acquisition of companies that have served to augment our goal of partnering with retail and supply chain organisations to help them digitise and transition into industry 4.0. The purchase of ATG by Smollan represents a substantial investment in our business and an expanded pathway to global markets. The synergies between Argility’s vision and mission with that of Smollan made this a very appealing move for us and a good cultural fit for our group. Combining these strengths will serve to enhance ATG’s portfolio, and expand our solutions and service delivery for current and future customers,” says Salic.
The Smollan acquisition of ATG has been ratified by all regulatory bodies and is effective immediately.
The Argility Technology Group is a leading innovator and implementer of digital commerce and supply chain software solutions in Africa. Our vast experience combined with a depth of proprietary software and skills enables us to address the multitude of challenges facing businesses in today’s era of digital transformation.
We solve complex business problems by supplying and supporting various customised software solutions such as: Point of Sale; ERP; Warehouse, Fleet, IoT and Proximity Management; Data Science (Artificial Intelligence) solutions and more. We strive to become a technology partner and an extension of our customers’ businesses and not just another solutions provider.
The group’s origins trace back over thirty years as a leading software supplier to the retail sector. Decades of long, prosperous customer relationships bear testament to our customer-centric culture, exceptional service, and innovative thinking. From single systems to the digital transformation of an entire organisation - we have the solutions, skills, and experience.
The Argility Technology Group is comprised of: Argility; Cquential Solutions, Fleet Domain; SkyData Communications, and strategic partners, Ashanti AI. All are foremost technology developers and suppliers of enterprise software solutions for the Retail, Supply Chain, Fleet industries as well as a comprehensive IoT framework that enables local enterprises to integrate, manage and optimise their growing IoT ecosystems.
For further information: www.argility.com
Founded in 1931, Smollan is a global commerce business, delivering growth for retailers and brand owners across five continents. We partner with brands to create and execute insight-led solutions to deliver growth, wider distribution, and operational efficiencies.
Internationally recognised for our exceptional human platform of over 80 000 people and our sophisticated systems, we drive sales and create brilliant shopper experiences for some of the world’s most loved brands. We work at the pivot point where retailers, brands and shoppers intersect.
Contact us at www.smollan.com
Source: IT Web
According to Argility CEO, Marko Salic, reveals the acquisitions form part of the execution of a broader strategy aimed at building an innovative technology group with specialised experience and expertise across multiple industry verticals.
“These markets are comprised of the expansive retail sector which is inclusive of digital transformation; omni-channel; prescriptive analytics; customer experience, and more. They also include warehousing, supply chain and fleet management,” says Salic. “One of the most important outcomes is the combination of expertise within these businesses and consequently the associated extended value proposition this will bring to our customers.
In terms of operating structures – Salic confirms he will head up the new group in the capacity of chief executive officer whilst continuing as CEO of Argility. “Each business in the newly formed group will retain its individual brand and identity, with the existing management structures remaining intact. Therefore, Steve Mallaby will continue as CEO of Cquential but has also been appointed COO of the group and Colin Steyn will remain CEO of Fleet Domain.”
Salic says the vision behind the formation of the new group is to position it as a leader in disruptive software technologies such as artificial intelligence (AI), internet of things (IoT) and blockchain. “In line with this, we are already engaged in plans to increase our investment in the development of game-changing solutions in these areas. Embedding these new technologies into our current offerings will enable us to diversify, target new markets, and significantly enhance our existing solutions portfolio.”