‘Anchr will further focus on the growth and expansion of its software solutions and cloud services in the coming years. With the acquisition of Tilroy, we are reinforcing those plans,’ says Paul Peeters, CEO of AXI Digital. ‘With Tilroy's advanced online cash register and e-commerce software solutions, Anchr (formerly AXI Software) enhances its extensive cloud-based product portfolio for retailers.’
‘Moreover, we are also expanding the scope with this acquisition. We can provide a very broad range of retailers with a 100% integrated solution.’
‘Tilroy has primarily been active in the Belgian market until now,’ says Peter De Ranter, CEO and founder of Tilroy. ‘Anchr has established a strong presence in both Belgium and the Netherlands and also harbours ambitions beyond. Anchr complements Tilroy both geographically and in terms of product and is the ideal partner for us to accelerate our growth.’
Strada Partners strongly believes in an active policy regarding acquisitions that can provide concrete added value for Anchr. 'With this first acquisition, since our entry at the end of last year, we are reinforcing Anchr’s position as a provider of specialised B2B software. Moreover, we are becoming the leading provider of retail software in the Benelux', says Matthias Vandepitte, Managing Partner at Strada Partners.
Anchr sees the number of employees rise to over 450 as a result of the acquisition. ‘We want to safeguard the identity of Tilroy and ensure continuity for customers and employees', says Paul Peeters. ‘The extensive expertise present in both organisations creates a perfect match. Through this cross-pollination, we will strengthen each other.’
Anchr is an independent ICT partner with branches in Willebroek, Ghent and Breda. It conceives, develops and manages innovative software solutions for organisations in the retail, government, healthcare, services and industrial sectors. Anchr employs over 400 staff and achieved a revenue of 78 million euros in 2022. Anchr counts De Bijenkorf, (Inter)gamma, Plus, Colruyt Group, Casa, Dille en Kamille and Lagardère Travel Retail among its clients.
Tilroy provides a complete, integrated cloud solution for retail, including point-of-sale, inventory management, e-commerce, and real-time reporting. Tilroy's omnichannel solutions enable retailers to offer their customers a seamless state-of-the-art service both offline and online, while increasing their efficiency. Tilroy's software is cloud-based and offered as a SaaS product. Following its acquisition of Adsoft in 2021, Tilroy has also positioned itself actively in the bike retail market. Tilroy counts AS Adventure, X2O, Standaard Boekhandel, AVA, and Medi-market among its clients.
Strada Partners is a European investment fund established by Bart Wouters and Matthias Vandepitte. The team focuses on growth companies in the software, healthcare, and related services sectors. Strada Partners builds a concentrated investment portfolio with companies that it can support in the long term to grow at a pan-European level.
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