Chelmsford warehouse management firm bought by software provider

Wed, 22 Jan 2020 | BUSINESS SALE



Chelmsford-based warehouse management solutions provider Mintsoft Limited has been acquired by software firm The Access Group.

Founded in 2011, Mintsoft offers services including order management, shipping management and 3PL fulfilment accounting, using cloud technology to help its many clients despatch packages every year.

With the acquisition, Colchester-headquartered The Access Group hopes to extend its current offerings and to increase its market appeal.

Mintsoft managing director and founder Luke Groves commented: "With the growth of ecommerce, Mintsoft has worked hard to provide companies with efficient and affordable fulfilment solutions and I am very proud of what my team - and the company as a whole have achieved.

"Now established as a market leader, we are delighted to embark on this new chapter, and hope that Access’ acquisition will open up new opportunities for all involved."

Advisors Birketts helped on the transaction, with a team lead by Adam Jones and James Stocker with support from John Kahn and Clare Barlow.

Birketts’ Adam Jones said: "The UK has seen rapid growth of ecommerce take place across the business community, requiring excellent order management solutions, which Mintsoft have developed with great success.

"Birketts were particularly delighted to support Luke and Mark on this transaction, they have achieved so much in a short space of time and now, as part of the Access Group, both Mintsoft and Access will be able to expand so much more."

The sellers were advised by Paul Short and Richard Thomson of Lambert Chapman regarding the sale’s accounting and financial issues.


Share this article



Latest Businesses for Sale

Manufacture & Supply of a Range of Matcha Drinks
UK Wide

The company creates nutrient-rich matcha drinks, designed to sharpen the mind, promote brain productivity and encourage improved mental health. Products include matcha sachets, organic matcha powder and ready-to-drink cartons. Offers invited.

Asking Price: Offers Invited
Turnover: £970,000

RELOCATABLE


Refrigerated Transport Logistics Company
East Midlands, UK

Specialises in the delivery of refrigerated goods to clients throughout the UK. Prides itself on providing a professional, flexible and cost-efficient service, ensuring it meets its clients’ requirements throughout the process, from collection to del...

Asking Price: Offers Invited
Turnover: £1,425,000

LEASEHOLD


Haulage & Logistics Company
Lincolnshire, UK Wide

Shareholders are now offering the company for sale to facilitate retirement plans. Operates from leasehold premises. Offers invited.

Asking Price: Offers Invited
Turnover: £2,100,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
31
 
Mar
 

Coronavirus Business Interruption Loan Scheme to cover business acquisitions | BUSINESS NEWS

The UK government has launched the Coronavirus Business Inte...

 
30
 
Mar
 

Tech group The Panoply acquires consultancy firm Ameo | BUSINESS SALE

Business consultancy firm Ameo has been acquired by AIM-list...

 
27
 
Mar
 

Addison Lee acquired by consortium of investors | BUSINESS SALE

Addison Lee Group, London’s biggest private care hire ...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources