Tecsys Expands Global Presence with PCSYS A/S Acquisition
This European tech firm acquisition comes on the heels of its November 2018 acquisition of OrderDynamics.
Strengthening its global footprint and addressing growing market conditions, Tecsys, a North American supply chain management software company, acquired PCSYS A/S, a Danish technology company. Founded in 1990, PCSYS is a leader in Europe when it comes to software and hardware solutions for warehouse management, transportation management, and labelling systems. The organization supports more than 1,000 companies on their journey to achieve supply chain excellence by using robust technology to manage ever-changing requirements and introduce new productivity and cost-saving strategies.
"PCSYS has found a like-minded customer-first spirit with Tecsys, and we are pleased to welcome their employees to our growing team," said Peter Brereton, president and CEO of Tecsys. "The PCSYS solutions are highly valued by many across the European market and beyond, and we're pleased to be able to continue their tradition of collaborative software development and customer service as a unified force."
Tecsys has been building global momentum in new markets and industries in recent years, notably with the November 2018 acquisition of OrderDynamics. In addition to acquiring this leader in retail distributed order management software, Tecsys also launched a new brand identity and purpose in January 2019.
"It's a particularly energizing time to be at Tecsys," Brereton continued. "Our focus on equipping supply chain greatness is a concept that has power for companies in a range of industries throughout the world. The addition of PCSYS, with its knowledgeable employees and proven solutions, further supports and strengthens our position, particularly in the European market."
"On behalf of the PCSYS team, I'm truly excited about the new opportunities our customers and employees will have as part of the Tecsys family," said Klaus Juhl, CEO and partner of PCSYS. "As a single organization, both the Tecsys and the PCSYS solutions will be able to reach new markets, and together we will be a stronger supply chain partner to new and existing customers worldwide."
Tecsys is a global provider of transformative supply chain solutions that equip growing organizations with industry-leading services and tools to achieve operational greatness. Tecsys' solutions are designed to create clarity out of the complex supply chain challenges that organizations with increases in scale, customer expectations and inventory. Built on an enterprise platform, Tecsys solutions include warehouse management, distribution and transportation management, supply management at point-of-use, retail order management, as well as complete financial management and analytics solutions. Through the co-creation of a more responsive supply chain, Tecsys ensures that growth-minded organizations have the chance to thrive and reach their aspirations.