Theta Retail Acquires Demandlink, a Forecasting and Retail Analytics Company
NORTH AUGUSTA, S.C., January 29, 2023 (Newswire.com) - Theta Retail has acquired DemandLink, a forecasting and retail analytics company.
The purchase will better serve the needs of Theta Retail's customers and fits into the overall strategy to provide best-in-class replenishment, analytics, and supply chain forecasting for the horticulture industry. By acquiring DemandLink, Theta Retail will extend its current portfolio of products to offer a more comprehensive supply chain solution.
"We appreciate the partnership with our customers over the past 14 years. We look forward to the next chapter with Theta Retail as they continue to innovate and provide cutting-edge software solutions to the Live Goods Industry," says John Garren, DemandLink CEO and Owner.
"Leveraging Theta Retail's and DemandlLink's combined tech stacks represents an excellent opportunity for growers and retailers to increase their sales and profit margins. This acquisition also opens the door for us to offer a new range of products to provide value to our clients," says Barrett Layman, Theta Retail co-founder.
"We are excited to incorporate DemandLink's industry and enterprise tools into Theta Retail's portfolio of products. Our combined services offer the industry's best replenishment, forecasting, and corporate data management software platform. Looking ahead, we are well-positioned to continue adding value to our customers by driving profitability through advanced analytics," says Christina Holmes, Theta Retail co-founder.
About Theta Retail
Launched in 2020, Theta Retail empowers users to make supply chain decisions quantitatively and rationally by combining cloud computing, machine learning, and industry expertise. The South Carolina-based company services clients throughout the United States across a variety of industries.
Location: North Augusta, SC
Founded in 2008, DemandLink builds forecasting, replenishment, and analytics software for growers and retailers. The Company has fifteen employees and offices in Bend, Oregon, and Charlotte, North Carolina. DemandLink provides a world-class, hands-on onboarding process and is committed to building the most accurate and efficient tools to help growers manage and expand their businesses.
Location: Bend, OR, and Charlotte, NC
For more information, contact email@example.com
Source: Theta Retail