Deals

Cloud-based digital solutions provider One iota has announced a strategic management buyout of its business unit from Aptean, a provider of enterprise software solutions.

One iota became part of Aptean’s product portfolio through the September 2019 acquisition of Sanderson Group plc, a UK-based provider of software and managed services.

The Manchester firm works with major brands including HUGO BOSS, JD Sports, and Superdry to help improve customers’ shopping experiences.

Its platform allows retailers to run a range of apps, including mobile, ecommerce and in-store which covers signage, social walls and assisted sale tablets.

One iota will continue to be led by managing director Christian Brooks and the business will remain focused on its core solutions, as well as developing new offerings for retailers and brands.

Brooks said: “This transaction allows One iota to continue to hone our strategy and we thank Aptean for the support that the company has provided to our products, customers and employees since the acquisition.”