Barron McCann acquires majority stake in Retail247

East Midlands-based technology company Barron McCann has acquired a majority stake in Retail247, a specialist software firm known for developing cloud-based systems for the retail and trade sectors.

Retail247, headquartered in London, provides intelligent technology solutions to a range of well-known retail brands, including Reiss, Crew Clothing, Mint Velvet, Radley and Piglet in Bed. The company will continue to operate under its existing name.

Martin Schofield, founder and chief executive of Retail247, said: “Retail247 was founded on the principle of delivering technology projects precisely when and where they’re needed – making technology a true enabler of growth. Joining forces with Barron McCann brings together two forward-thinking organisations with a shared commitment to innovation and customer success. By combining our strengths, we’re accelerating the delivery of intelligent, scalable solutions that help retailers adapt, evolve and thrive in a fast-paced, competitive landscape.”

Barron McCann is part of the wider Barron McCann Group, which generates £50 million in combined revenues. The company supports more than 21,000 customer sites across the UK and provides hardware procurement, managed IT services and supply chain management software. Its clients include Papa Johns, Iceland and Vue Cinemas.

Scott Watson, managing director of Barron McCann, said: “Retail247 is a natural fit for our wider service and solutions portfolio, and this acquisition represents a key step in our expansion strategy. We are continuing to enhance the overall value we deliver to our customers across the group as we continue with our mission to provide a unified approach to technology solutions.”

The acquisition follows Barron McCann’s continued investment in expanding its digital service capabilities, building on its long-standing experience in supporting retail and hospitality technology infrastructure.

Image source: Barron McCann