ToolsGroup, a global leader in retail and supply chain planning and optimization software, has announced the acquisition of Evo, a provider of artificial intelligence (AI) and machine learning (ML) solutions for business performance optimization.
The integration of Evo’s responsive AI with ToolsGroup’s own technology will offer customers the most efficient, real-time supply chain and price optimization solution available.
Jason Milkins, Laura Guest, and the wider Roxburgh Milkins team advised Evo on the sale.
“Together with ToolsGroup, we can shape the vision for the supply chain of the future – one that powers smarter supply chain decisions for human managers through optimal price and inventory calculations.”
Dr. Fabrizio Fantini,
Founder and CEO of Evo