Epicor, a leader of industry-specific enterprise software to promote business growth, announced it acquired Solenium Group and its sister company, Visual SKUs. Both are long-standing Epicor partners and leading providers of Product Information Management (PIM) and Digital Asset Management (DAM) solutions for the Automotive Aftermarket.
This dual acquisition strengthens Epicor’s leadership as a Catalog and e-commerce provider in the Automotive Aftermarket, establishing a strategic role as the most comprehensive provider of industry-standard catalog content in North America. The financial terms were not disclosed.
The dynamic Automotive Aftermarket is fueled by the increasing need for replacement parts and accessories. As vehicle components become more complex and product variations increase, businesses face major challenges in managing product content effectively. And for parts manufacturers, distributors and retailers, getting products to market faster is essential to sell more parts and grow existing and new product lines.
With this deal, Epicor will now be the premier digital catalog provider offering customers a PIM and DAM suite purpose-built for the Automotive Aftermarket. This will allow suppliers and retailers to create, manage, and distribute product, fitment information, and all digital assets including product images in a single centralized and flexible system.
By sourcing data directly from parts suppliers and converting it into Aftermarket Catalog Exchange Standard (ACES) and Product Information Exchange Standard (PIES) format, Epicor streamlines the process and accelerates the integration of compliant vehicle application and product data into the company’s next-generation Epicor Catalog. And this helps customers maximize sales and revenue, drive efficiency, and enable effective collaboration with various aftermarket channels. Additional benefits include:
KEY QUOTES:
“The acquisition of Solenium and Visual SKUs strengthens Epicor’s leadership in the Automotive Aftermarket helping manufacturers, distributors, dealers, and retailers expand revenue opportunities by getting the right parts, to the right place, at the right time. Epicor continues to invest in providing the digital foundation that powers the growth of the global make, move, and sell economy, and the addition of Solenium and Visual SKUs accelerates our mission to help our customers capitalize on revenue generating opportunities in a highly dynamic marketplace.”
- Epicor CEO Steve Murphy
“As we embark on this new chapter, our commitment to deliver unparalleled PIM and DAM solutions remains unwavering. By joining forces with Epicor, we are poised to leverage their extensive resources, advanced technologies, and global reach to continue to drive unprecedented innovation in the automotive aftermarket industry.”
- CEO of Solenium and Visual SKUs Claudio Di Sano