HighJump acquires Wesupply
Minneapolis-based HighJump acquired Wesupply, a UK-based premier provider of supplier enablement and B2B integration solutions across multiple industries, including retail, building, consumer packaged goods, energy and manufacturing. With this acquisition, HighJump further expands its global footprint and extends its growing leadership position in the market for trading partner connectivity and omni-channel enablement.
Wesupply’s comprehensive electronic trading platform increases HighJump TrueCommerce EDI Solutions’ global reach to over 10,000 trading partners and 130,000 trading connections. The acquisition of Wesupply empowers the growth initiative of HighJump TrueCommerce with the addition of a true multi-tenant SaaS solution that enables quick onboarding of new trading partners and rapid time-to-value for community members. Furthermore, Wesupply adds further to TrueCommerce’s significant scale in Europe and growing international presence.
“With the dynamics of today’s supply chain, retailers around the world are embracing omni-channel enablement as a top priority to remain profitable while meeting customers’ expectations across channels,” says Michael Cornell, chief executive officer of HighJump. “With the addition of Wesupply’s platform, HighJump TrueCommerce will enhance its global trading network to offer a complete solution for retailers and suppliers, optimizing fulfillment sources and reducing procure-to-pay cycles.”
Wesupply deployed EDI and e-invoicing solutions to leading UK hubs and suppliers such as the UK grocer, Sainsbury’s, and builders merchant Saint-Gobain. The company offers a fully managed service platform complemented by a best-of-breed application for B2B message tracking, order fulfillment and invoice processing.
“The combination of Wesupply and HighJump will allow us to further expand our customer offerings while we continue to bring a unique approach to electronic trading and supplier onboarding,” says David Grosvenor, chief executive officer of Wesupply. “We are constantly looking for ways to remove complexity from the supply chain and trading partner relationships. We look forward to continuing to execute on that vision with the HighJump TrueCommerce team and furthering the growth of the offering in Europe.”