BOSTON and DUBLIN, Ireland — Clavis Insight, an e-commerce specialist serving product manufacturers, is being acquired by Ascential plc, an international, business-to-business information company.
Financial terms of the agreement weren’t disclosed. Plans call for Clavis Insight to become part of Ascential’s Information Services division alongside One Click Retail.
“We look forward to joining Ascential and integrating with One Click Retail to deliver the gold standard in e-commerce action-ready insights and performance measurement for product manufacturers,” stated Garry Moroney, founder and chief executive officer of Clavis Insight. “Working with tier-one brands around the world, Clavis has grown into a global leader and I am confident that combining the expertise of One Click Retail, and Ascential’s other leading products, will further extend our comprehensive solutions and value proposition for this industry.”
Boston-based Clavis Insight provides daily online store and digital channel analytics for global consumer products brands. One Click Retail, based in the United States, provides sales and share estimates at the SKU level to help major brands optimize their e-commerce activities, especially on Amazon.
“We are delighted to welcome Clavis Insight and the team to Ascential. By combining the Clavis and One Click Retail product offerings, we are creating a leading e-commerce insights platform globally, with products and services, which are at the forefront of the industry,” according to Duncan Painter, CEO of Ascential. “Clavis and One Click Retail are both high-growth, globally scalable businesses, and we look forward to creating a new, accurate, comprehensive and actionable product, which is greater than the sum of its parts. We are very much looking forward to being able to further support our global customers to assist them in accelerating further their growth.”
The companies noted that the integration of the two businesses stands to provide customers with actionable e-commerce insights and analytics solutions across online retailer sites worldwide.
“We are delighted that Ascential has been able to acquire Clavis Insight,” commented Spencer Millerberg, founder of One Click Retail. “The combination of One Click Retail with Clavis to create a leading e-commerce insights platform is exactly what our customers have been asking for.”