Prepared for Dmitry A. | Delivered August 16, 2020
M&A Landscape in Supply Chain Software Market
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To understand the M&A activities in the Supply Chain software market in the past 10 years, beginning with the news of the acquisition of Verify Brand by OPTEL Group.
Overview of OPTEL GROUP and Verify Brand
is a Certified B Corporation and a leading global supplier of supply chain traceability systems. OPTEL GROUP was founded in 1989 and has its headquarters in Québec City, Canada, with facilities in Brazil, Ireland, and India.
was founded in 2004 and is a leading supplier of serialization and traceability software that helps companies secure their revenue streams, eliminate fraudulent activity along the supply chain, and safeguard brand reputation.
Verify Brand's Acquisition by OPTEL GROUP
On December 7, 2017, OPTEL GROUP announced that it was
expanding its traceability offering
by acquiring Verify Brand. However, OPTEL did not disclose the amount it paid to acquire Verify Brand.
The deal allowed OPTEL to
complete its traceability offering
, provide end-to-end solutions, and expand its portfolio.
, the President of OPTEL GROUP, said that the acquisition was as per OPTEL's plans to increase its customers' performance and build a sustainable economy by optimizing its supply chains.
The deal combines OPTEL's expertise in providing
to industries with Verify Brand's expertise in providing
data management and analytics solutions
The addition of the
L4/5 serialization capabilities
of Verify Brand to OPTEL's solution set gives pharmaceutical companies the connectivity required to implement Track & Trace program across the entire supply chain (L1 to L5).
, the CEO of Verify Brand, commented that combining OPTEL’s Track & Trace capabilities with Verify Brand's flexible serialization platform will enable companies to get end-to-end visibility in supply chain.
OPTEL GROUP said that the acquisition will enable customers to
automatically analyze the big data
generated throughout the supply chain and let them transition smoothly to the fourth industrial revolution, also known as the digitization of manufacturing.
OPTEL GROUP's Other Acquisitions and Partnerships
In February 2018, OPTEL Group acquired
for an undisclosed amount and closed its
end-to-end traceability loop
In May 2018, OPTEL GROUP and
De La Rue
announced a partnership to develop new anti-counterfeiting solutions for the global market.
In May 2019, OPTEL GROUP announced a partnership with
Nelipak Healthcare Packaging
to introduce to the medical device market a new seal inspection technology.
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