Alsendo, a provider of tech-enabled delivery management solutions in Central Europe, backed by Abris Capital Partners, has acquired Ecolet, the Bucharest-based logistics solutions’ provider. The acquisition will help to strengthen Alsendo’s presence on the Romanian market.
- Ecolet’s online logistics platform offers solutions for e-commerce industry. The startup was launched in 2019 and currently serves approximately 5,000 customers in Romania and Bulgaria — primarily small and medium-sized business clients. Among its partners are: DPD, Cargus, TNT, Sameday, NemoExpress and Stack Curier.
- Abris Capital Partners, an independent private equity fund management company specializing in ESG transformation, invested in Alsendo in 2020 and has been working with the company ever since. Last year, Abris supported Alsendo in purchasing a majority stake in Czech logistics service Zaslat.cz and Romanian SaaS company Innoship.
- The amount of the transaction is not disclosed, but it aims to consolidate Alsendo’s presence in the Romanian market and support its transition from a traditional parcel broker model into a technology-driven provider of delivery management solutions with a regional footprint.
“The acquisition of Ecolet will allow us to provide delivery management solutions to a larger customer base in the Romanian market, and also enables us to learn about the needs of business customers in the area of logistics and after-sales processes on the Bulgarian market. Additionally, it offers the potential for product and sales synergies with the Innoship platform, which makes it possible for the Alsendo Group to completely meet our customers’ shipping needs. Now we can implement our know-how in following markets,”
Marcin Susmanek, COO, Member of the Management Board of Alsendo commented.
- The partnership will let Ecolet to use of Alsendo’s experience in terms of offering comprehensive services and software for all customer segments, including e-commerce entities, also in the SaaS model.