Acquisition Improves Teamcore’s Ability to Serve All Tiers of CPGs, with Advanced Retail Execution Technology
Mexico City, Mexico – November 15, 2023 — Teamcore, a retail execution technology platform, today announced the acquisition of of Pabis Retail, a business intelligence company for consumer packaged goods (CPGs) in Mexico. This transaction marks Teamcore’s second acquisition in 2023.
The acquisition expands Teamcore’s business intelligence offerings, builds on the company’s footprint in Mexico, and enables CPGs and retailers to take advantage of Teamcore’s expanded technology composed of channel visibility, sales & execution, supply, and trade promotions solutions. The combined businesses share a common goal of helping clients capture more revenue.
“We are excited to accelerate our growth in Mexico and northern Latin America region with this partnership with the Pabis team. This collaboration combines the strengths of Teamcore’s automated intelligent workflows with Pabis’ robust analytics tool that comes with over 300 retail data integrations. Together, we will serve more than 500 CPGs and retailers in the region with a unique solution that help increase revenues and reduce costs, even in the current challenging retail environment,” said Sergio Della Maggiora, CEO and co-founder of Teamcore.
Teamcore’s retail sales & execution technology enables over 350 brands, including Tier 1 CPG clients such as 3M, Loreal, Nestle, Coca-Cola and Unilever in Latin America, to transform their retail data into actionable insights. Teamcore collects thousands of in-store and online data inputs, applies proprietary machine learning to automatically raise stock and pricing issues or placement opportunities, and provides actionable recommendations in real-time to field teams, brand managers and retailers.
Pabis Retail is a retail analytics platform that provides data visualization features and sell-out information such as sales reports by individual product or store location across Mexico. Together, Teamcore and Pabis will be able to serve all tiers of CPGs and retailers with a complete suite of retail execution and analytics solutions that best fit the complexity and growth goals of the retailer or brand.
“At Pabis, our mission is to transform data analytics into actionable insights for CPGs, and automate the entire data analytics process, spanning data collection to visualization. Together with Teamcore, our vision enters a new transformative phase that promises to reshape the current retail landscape. We are confident that together, we will move the industry forward, shifting the focus from data analysis to concrete, data-driven actions that drive product revenue,” said Leslie Alonso Graham, CPO and Co-Founder of Pabis Retail.
About Teamcore:
Founded in 2015 in Santiago, Chile, Teamcore enables retailers and CPGs to improve product availability and gain BI/insights into their stock and performance. Teamcore’s algorithm generates and prioritizes customizable action plans for CPG’s field reps and supply chain teams, enabling them to better prioritize their time and target higher priority lost sale opportunities. At a global scale, lost sales represent a more than $1 trillion market opportunity and by leveraging its machine learning platform, Teamcore has proven to increase the POS growth of their customers by 3.0% to 5.0%. For more information, please visit teamcore.net.
About Pabis:
Established in 2008 in Mexico City, Pabis Retail empowers Consumer Packaged Goods (CPG) companies to extract value from retail data through streamlined, automated analytics. Pabis’s proprietary software aggregates data from over 300 retailers across LATAM, and their algorithms transform this data into actionable insights, enabling key players in the retail sector to make timely operational decisions for their products at each point of sale, every day. Pabis Retail’s 100% automated processes and analytics platform have consistently been proven to optimize user efficiency, enabling rapid, data-driven decisions that drive sales. For further details, please visit pabisretail.com
