In a recent Minneapolis/St. Paul Business Journal article, Carter Jones details the recently announced acquisition of retail technology company, RichContext, by the Minneapolis-based digital marketing firm The Stable. The Stable is a full-service commerce agency that offers retail strategy, representation, channel management, social and digital marketing, and creative and product development services to consumer brands. The Stable’s President, Nik Larsen, was quoted in the article saying, “As the trend toward online shopping continues to accelerate and social commerce has emerged as a legitimate platform for consumers to discover and buy products, the acquisition of RichContext and its proprietary social commerce technologies will help us quickly become a leading solution for brands that need to penetrate the fast-changing world of e-commerce.” The Stable is a portfolio company of Growth Catalyst Partners, and this is their second acquisition of the year.
Read the Full Article Here: https://www.bizjournals.com/twincities/news/2020/11/10/the-stable-acquires-richcontext-arkansas-agency.html
Quazar Capital was not involved in this transaction.