Software provider CGS has announced it is to acquire the business of fashion software provider Visual Next.
The acquisition, the terms of which were not disclosed, will further the complementary strengths of Visual Next and CGS’s BlueCherry software solution, CGS said in a statement today (21 May).
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Founded more than 20 years ago, Visual Next provides end-to-end software to apparel, footwear, uniform, and fashion accessory companies.
The combined organisation will expand the geographical market, while also benefitting customers with improved customer support and increased investment in the product platform.
“The demand has never been greater for next-generation solutions in the retail and wholesale apparel and footwear market, and the bringing together of Visual Next with CGS will further strengthen our offering, in particular in the PLM, integrated finance and integrated POS space, to benefit the fashion community,” said Phil Friedman, president and CEO, CGS. “Having served the fashion community for more than three decades, CGS prides itself on delivering the best solutions to our valued clients. This acquisition demonstrates our continued objective to remain client-centric, offering best-of-breed services to meet changing market demands.”
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Charles Benoualid, CEO, Visual Next, added: “We’re incredibly excited to become part of the CGS family. BlueCherry and Visual Next Solutions share a vision of furthering next-generation technology to support the rapidly evolving needs of fashion, apparel, footwear brands. Visual Next will bring complementary solutions to the BlueCherry community, extending the value of our joint offering to the ever-evolving retail and wholesale audience. This acquisition brings the best end-to-end workflow, from sourcing materials to point-of-sale, to the customers of both organistions.”
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