LONDON–(BUSINESS WIRE) – nShift (www.nshift.com), global provider of cloud delivery management solutions for e-commerce stores, retailers, manufacturers and 3PL companies, announces its launch.
With over 100 pre-built third-party integrations into e-commerce and key IT systems from other shippers and an unmatched carrier library providing connectivity for over 700 carriers, nShift offers its customers an end-to-end cloud platform for automation and optimization the entire delivery management process – from label creation to delivery tracking and logistics of the last mile to returns management. NShift’s solutions have successfully enabled nearly 1 billion annual shipments worldwide for ecommerce stores, retailers, manufacturers and 3PL companies. With its extensive carrier library, nShift has unprecedented shipping transparency and reach, and allows its customers significant scalability – from one to a million shipments per year – anywhere in the world.
“I am very honored and excited to join at such a crucial time in nShift’s growth,” said Lars Pedersen, who was recently appointed CEO of nShift. “As our name changes, we are more committed than ever to continuing to provide the critical delivery management connectivity, transparency and efficiency that our 90,000+ customers rely on us to provide. We’re excited to announce our new brand along with our latest e-commerce innovations, nShift Checkout and nShift Return (formerly known as Returnado). Our platform enables customers to worry less and ship smarter, with up to 10-20% higher ecommerce store conversions, 60% fewer delivery-related support calls and 30% higher buyback rates for returned products. ”
With the acquisition of Returnado, a Stockholm-based e-commerce returns management provider, nShift is adding critical technology to its cloud delivery management platform with an optimized returns process for shippers, carriers and recipients. Returnado’s returns expertise encompasses brands such as Helly Hansen and Asket and demonstrates its significant ability to serve a very complex part of the logistics value chain.
Marlin Equity Partners and Francisco Partners, two of the world’s leading technology investors, will remain majority stakes in nShift.
Peter Chung, Managing Director at Marlin Equity Partners, said, “We are excited to continue to fulfill nShift’s mission to enable our clients to worry less and deliver smarter, thanks to the company’s collective size and breadth consolidated end-to-end cloud delivery management platform. Today, e-commerce and other shippers have a single platform from which they can remove geographical barriers to growth and increase the efficiency and transparency of the supply chain while improving the delivery experience for customers along the entire logistics value chain. ”
Petri Oksanen, Partner at Francisco Partners, added, “This is an exciting step forward and the beginning of the next chapter in transformative growth for nShift. With the recent takeover and integration of Returnado, we are more able than ever to continue to deliver the best solutions to our customers and to support them in solving logistics challenges from the first to the last mile, achieving noticeable cost savings and driving innovation in our industry. ”
About nShift (www.nshift.com)
Founded in 2021, nShift is the world’s leading provider of cloud delivery management solutions that enable the seamless shipping and returns of nearly 1 billion shipments in 190 countries. NShift software is used by e-commerce, retail, manufacturing and 3PL shippers worldwide. The company is headquartered in London and Oslo. It employs over 450 people in offices in Sweden, Finland, Norway, Denmark, Great Britain, Poland, the Netherlands, Belgium, Romania and Switzerland.
About Marlin Equity Partners (www.marlinequity.com)
Marlin Equity Partners is a global investment company with over $ 7 billion in capital under management. The company is focused on providing parent companies, shareholders and other stakeholders with customized solutions that suit their business and liquidity needs. Marlin invests in companies in a variety of industries whose capital bases, industry relationships, and an extensive network of operating resources significantly enhance a company’s prospects and add value. Since its inception, Marlin has successfully completed over 170 acquisitions through its fund group and affiliates. The company is headquartered in Los Angeles, California with an additional office in London.
About Francisco Partners (www.franciscopartners.com)
Francisco Partners is a leading global investment firm specializing in partnering with technology and technology companies. Since its inception over 20 years ago, Francisco Partners has invested in more than 300 technology companies, making it one of the most active and long-standing investors in the technology industry. With more than $ 25 billion in assets under management, the company invests in opportunities where its deep industry knowledge and operational expertise can help companies achieve their full potential.
Companies that have combined to form nShift (Note – all renamed as part of nShift with immediate effect)
Returnado is a Swedish e-commerce returns management platform launched in 2016. Returnado’s solutions optimize the “reverse e-commerce” returns process for retailers and consumers, and provide real-time analytics that enable customers to achieve buyback rates in excess of 30%.
Unifaun offers forwarders, senders and parcel recipients across the entire European transport ecosystem innovative delivery management solutions. With an extensive partner ecosystem and a carrier library, Unifaun enables its customers to efficiently deliver almost 300 million shipments annually. Unifaun employs over 200 people in Sweden, Finland, Norway, Denmark, the Netherlands, Belgium, Germany and Poland.
Consignor supports customers in all delivery processes by making the shipping of orders to customers easier, faster and cheaper and making delivery a competitive advantage. Consignor offers delivery management solutions enabled by an extensive carrier library that connects shippers’ websites and warehouses with their customers. Consignor employs more than 170 people in offices in Oslo, Stockholm, Helsinki, Copenhagen, Aarhus, Bucharest and London.