Maropost Acquisition of Retail Express
Global leader in ecommerce, marketing automation, help desk and payments software company, Maropost, has acquired Queensland-based retail point of sale (POS) provider, Retail Express, in a deal valued in excess of CAD$50 million / AUD$55 million.
McCullough Robertson advised Maropost, led by Partner, Ben Wood, and supported by Senior Associate, Naomi Omundson, and Lawyer, Laryssa Perkins. Ben noted “it has been a privilege working with Maropost on this acquisition and continuing to support a market leader in its global expansion. Congratulations to the Maropost team.”
Retail Express was advised by Coghlan Duffy + Co Lawyers, led by Director, John Coghlan, with support from Associate Director, Zain Kazi, Lawyer, Marcus Triado and Graduate, Jess Grills.
This strategic acquisition complements Maropost’s existing suite of software platforms and solutions. This is Maropost’s second acquisition in the past 12 months, following its purchase of Australian technology business, Neto, which McCullough Robertson also advised on.