Cleo, a provider of the Cleo Integration Cloud (CIC) platform, has acquired ECS International, a Netherlands-based integration technology company and longtime business partner. Financial terms of the transaction were not disclosed.
This is technology M&A deal number 328 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2023, 2022, 2021, and 2020 listed here.
Cleo, founded in 1976, is based in Rockford, Illinois. The company has 433 employees listed on LinkedIn. Cleo’s areas of expertise include Ecosystem Integration, B2B Integration, Application Integration, Cloud Integration, Secure Managed File Transfer, and EDI Integration.
ECS International, founded in 1999, is based in Zwaag, the Netherlands. The company has 15 employees listed on LinkedIn. ECS International’s areas of expertise include Data Integration, EDI - XML Outsourcing, Secure File Transfer, BPCS - AS/400 - iSeries, Integration / ETL solutions, AS4 - ebMS 3.0, CLEO, Flame, Ecosystem, B2B connectivity, businessintelligence, dataintegration, and digital transformation.
About Cleo Integration Cloud
Cleo Integration Cloud (CIC) is a cloud-based platform designed for ecosystem integration processes. It offers visibility across various integration types and supports rapid onboarding of trading partners, enabling businesses to expedite business processes.
Cleo is a company offering integration software solutions, aiming to facilitate the movement and integration of B2B enterprise data. Cleo's solutions are designed to provide visibility into business flows, enhancing business agility and fostering digital ecosystem transformation.
About ECS International
ECS International focuses on data exchange solutions, enhancing competitiveness for businesses globally. With over 1,000 successful implementations since 1999, ECS caters to a diverse clientele in transportation, logistics, pharmaceuticals, retail, and wholesale industries.
Cleo Acquires ECS: Executive Insight
Mahesh Rajasekharan, President and CEO, Cleo, commented:
“This latest step in Cleo’s global expansion is extremely strategic for two important reasons. First, Cleo’s growth and scalability allow us to deliver increased value to our multinational enterprise customers in Europe. Second, the Benelux region is a key hub for many European supply chains. Cleo’s ecosystem integration technology aims to enhance the efficiency of European supply chains, facilitate dependable cross-border commerce, and strengthen ecosystem trading partner relationships.”
Ben Rinkel, founder and CEO, ECS International, said:
“Establishing a central presence in Continental Europe, in addition to our UK footprint, demonstrates Cleo’s commitment to delivering sophisticated B2B integration solutions to European companies, particularly during challenging times.”
Rajasekharan added:
“Cleo strives to support organizations in meeting their commitments through enhanced supply chain agility and resiliency. ECS’s track record of excellence complements this goal, and together, we are poised to extend our services further into the European market.”
