Exclusive Sell-Side Advisor
Fifth Gear
About the Company
Fifth Gear is a tech-enabled e-commerce services company that provides order management, fulfillment, value-add processing, contact center, freight management, account management, and business support services
has been acquired by
Exclusive Sell-Side Advisor
Situation
Fifth Gear was seeking a strategic buyer to support the next phase of its growth plan. Becoming part of larger organization was considered an important strategic step for its go-to-market offering. By combining its unique complex fulfillment capabilities and integrated e-commerce services platform, Fifth Gear would deliver a seamless online shopping experience.
Engagement
Given its understanding of the e-commerce services industry and relationships with its key players, G2 was engaged to act as the exclusive sell-side advisor responsible for running a targeted, discreet, and high-touch process for the sale of Fifth Gear.
Outcome
The transaction was successfully executed through a sale to Speed Commerce, Inc. (Nasdaq: SPDC), a leading provider of omni-channel e-commerce services – including web development and hosting, managed and marketing services, order and inventory management, pick and pack, returns processing, and 24/7 customer care. Total consideration included $55MM in cash at closing, with an additional contingent payment based on future performance – which equates to a total purchase price multiple of roughly 1.0x revenue.
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Whether you are experiencing strong growth or periods of distress, our team is exceptionally prepared to support your strategic objectives with bespoke solutions. There is no one size fits all approach.