This time last year, we wrote about our observations on the state of eCommerce in a mid-COVID world.
Commerce Vision looks ahead as Potentia Capital invest for growth
BRISBANE, Australia, 1st March 2021
Commerce Vision are excited to announce the sale of a majority stake of their business to tech sector Australian private equity firm Potentia Capital.
With proven experience in top line growth, product development, and market expansion, Potentia Capital are the ideal partner for Commerce Vision as it enters the next phase of its growth trajectory.
Drawing on Potentia’s tech sector and investment expertise, Commerce Vision will be empowered to elevate its world class eCommerce platform to meet the demand of the growing needs of Australian and global business.
John Farnea, Commerce Vision founder and Managing Director, comments “over the past 20 years Commerce Vision has never stopped evolving and innovating. Our team of exceptional people have journeyed hand in hand with our customers every step of the way, and we know we’ve built something special here. As we look to the future, we’re confident that Potentia are an excellent fit for our Platform and People and will enable us to continue to drive enviable results for our customers in the coming years”
About Commerce Vision: Since 2001, Commerce Vision has been developing and supporting enterprise-level B2B and B2C eCommerce solutions for manufacturers, distributors and retailers, integrated seamlessly to customer ERP and associated systems. Companies turn to Commerce Vision because of its focus on eCommerce, strong business process understanding, mature and robust applications, agility and passion for customer service. https://www.commercevision.com.au/