Teamcore acquires Mexico’s Pabis Retail

Pabis Retail is a retail analytics platform that provides data visualization features and sell-out information such as sales reports by individual product or store location across Mexico.

Together, Teamcore and Pabis will be able to serve all tiers of consumer packaged goods and retailers with a complete suite of retail execution and analytics solutions that best fit the complexity and growth goals of the retailer or brand.

The value of the deal was not disclosed.

The acquisition expands Teamcore’s business intelligence offerings, builds on the company’s footprint in Mexico, and enables CPGs and retailers to take advantage of Teamcore’s expanded technology composed of channel visibility, sales & execution, supply, and trade promotions solutions. The combined businesses share a common goal of helping clients capture more revenue, Accel KKR said in a statement.
 

“We are excited to accelerate our growth in Mexico and northern Latin America region with this partnership with the Pabis team. This collaboration combines the strengths of Teamcore’s automated intelligent workflows with Pabis’ robust analytics tool that comes with over 300 retail data integrations. Together, we will serve more than 500 CPGs and retailers in the region with a unique solution that help increase revenues and reduce costs, even in the current challenging retail environment,” said Sergio Della Maggiora, CEO and co-founder of Teamcore.
 

Teamcore’s retail sales & execution technology enables over 350 brands, including tier-1 clients such as 3M, Loreal, Nestle, Coca-Cola and Unilever in Latin America, to transform their retail data into actionable insights. Teamcore collects thousands of in-store and online data inputs, applies proprietary machine learning to automatically raise stock and pricing issues or placement opportunities, and provides actionable recommendations in real-time to field teams, brand managers and retailers.

“At Pabis, our mission is to transform data analytics into actionable insights for CPGs, and automate the entire data analytics process, spanning data collection to visualization. Together with Teamcore, our vision enters a new transformative phase that promises to reshape the current retail landscape. We are confident that together, we will move the industry forward, shifting the focus from data analysis to concrete, data-driven actions that drive product revenue,” said Leslie Alonso Graham, CPO and co-founder of Pabis Retail.