Quantum Retail Technology Acquired by Versata Enterprises
Signal Hill is pleased to announce that its client, Quantum Retail Technology, Inc., a leading provider of retail optimization software, has been acquired by Versata Enterprises, one of the largest privately held enterprise software companies in the world with a strategy of acquiring best-of-breed software solutions.
Quantum Retail specializes in supply chain and inventory optimization solutions for the retail industry. The flagship QTM product combines deep retail and merchandising intelligence with a dynamic technology engine that adapts to a retailer’s needs and makes changes based on their requirements and how their customers are behaving.
“I am pleased to welcome the Quantum Retail brand into the Versata family. With its world-class clients and innovative Q products, I am confident that we will create even more value for Quantum Retail customers," said Leela Kaza, the Versata veteran who will assume the role of CEO for Quantum Retail.
About Signal Hill
Signal Hill, named 2014 Boutique Investment Bank of the Year by the Global M&A Network, is a leading independent advisory boutique serving the M&A and private capital raising needs of growth companies. Signal Hill's experienced bankers provide deep domain expertise and an unyielding commitment to clients in our sectors: Internet & Digital Media, Internet Infrastructure, Services and Software. With more than 600 completed transactions and offices in Baltimore, Bangalore, Boston, Mumbai, Nashville, New York, Reston and San Francisco, Signal Hill leverages deep strategic industry and financial sponsor relationships to help our clients achieve Greater Outcomes®. For more information visit www.signalhill.com.