eCommerce Strategy Consultant - Rick Watson - RMW Commerce Consulting

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Mirakl Raises a €100 Million Revolving Credit Line to Finance New Acquisitions

Mirakl’s software is used by retailers such as Macy’s Inc., Asos Plc and Carrefour SA to create marketplaces on their websites, giving them a cut from selling products from other merchants without stocking the inventory directly.

Mirakl has been a standout performer in the marketplace arena for some time now. If I had to guess, the company would be interested in making acquisitions to continue to expand its product set.  Even though 100 million euros is a lot money, it likely means they won’t be making any huge acquisitions like an eCommerce platform.  Instead, the acquisitions are likely to be more targeted.

Bloomberg: Mirakl Gets €100 Million Revolving Credit Line to Finance Deals