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

Import & Distribution of Alcohol Worldwide
Kent, South East, UK

A unique company specialising in the import and distribution alcohol worldwide. Offers a wide variety of products and comes with a well-established reputation. Business enjoys an expansive client base. Established in 1970, the company has developed a...

Asking Price: £440,000
Turnover: £743,322

RELOCATABLE


Dairy Products Supplier
South of England, UK Wide

Supplies fresh dairy products to clients throughout the UK and internationally. Benefits from strong relationships with its existing client base, responding quickly to product requests to ensure a continually high standard of service. Products offere...

Asking Price: Offers Invited
Turnover: £882,589

LEASEHOLD


Eastern European Food Wholesaler
Leyton, London, UK

This business specialises in a wide range of Lithuanian and other Eastern European products, such as: dairy, meat, frozen and preserved products, soft and alcoholic beverages, fruits and vegetables and other non food items. An excellent opportunity h...

Asking Price: £299,000
Turnover: £1,178,723

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
21
 
Feb
 

Street food catering firm seeks buyer after entering administration | ADMINISTRATION

Shrewsbury-based catering company MPM Catering has entered a...

 
20
 
Feb
 

Heycar acquires HonestJohn.co.uk following administration | BUSINESS SALE

Online used car service Heycar has purchased the independent...

 
19
 
Feb
 

On-demand laundry app snapped up after administration | BUSINESS SALE

Laundrapp, an on-demand laundry service which was touted as ...

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