In November, at its 20th annual awards gala in New York City, M&A Advisor presented Strattam Capital with the award for 2021 Cross-Border Deal of the Year ($50MM-$100MM) for its majority investment in NETSTOCK. This win marks our third consecutive year as M&A Advisor award recipients, and we’re humbled by this repeated honor.
As in previous years, we’re immensely proud of the deal with NETSTOCK because it showcases the importance of careful, transparent planning with founders—not only to the success of the deal in general, but also to the outcomes and growth achieved after the transaction takes place. Closing a deal mid-pandemic was no small feat, and it could not have been accomplished without this level of transparency.
Founded in 2009, NETSTOCK is a leading inventory optimization platform serving more than 16,000 users in over 1,800 small- and medium-sized businesses worldwide, managing over 100 million products with a combined inventory holding of $15.5 billion. Using its advanced cloud-based solution, customers of NETSTOCK are able to reduce excess stock, improve order times, and increase fill rates, ensuring optimal inventory investment. We were happy to introduce the multifaceted approach the company takes in our previous Meet the Portfolio post.
When diligence was completed and the deal closed, we acted swiftly with NETSTOCK’s leadership to engage on the Five-Point Plan we had constructed collaboratively. A key element included identifying compelling add-on acquisition opportunities to further accelerate growth through geographic and product expansion. We’re excited about the progress on this front, having just announced NETSTOCK’s acquisition of Demand Works to help broaden its sales and operation planning solution.
NETSTOCK finished 2020 strong, and has had an incredible 2021 as well. These successes, all set against the backdrop of an unparalleled global challenge, are a testament to the impact of Strattam’s focus on founders. By committing to a relationship based on transparency and alignment, we were able to do far more than just strike a fair deal.
We at Strattam are thrilled that M&A Advisors recognized that success. The pandemic has been trying in many ways, but we feel confident knowing our proven approach holds up even during these times of uncertainty. Open, honest collaboration and a willingness to listen and learn will always keep us on track for success.