Axon Partners Group has exited QAShops, a wholesale and drop shipping solution that improves, optimizes and increases the distribution chain alternatives for the retailer; with a relevant international ecommerce company.
QAshops has contributed, since its foundation in 2014, to the improvement of the distribution processes of the e-commerces putting in contact manufacturers and suppliers with e-commerces and marketplaces, improving margins, increasing sales, reducing intermediary costs and offering new services.
Alfonso de León, CEO of Axon Partners Group, comments: “We are extremely pleased to announce this transaction as it is our first exit of the ICT II fund and maximizing the IRR with an investment period of less than three years.”
Axon Partners Group (www.axonpartnersgroup.com)
is a Spanish consulting and investment firm with a VC & PE division that manages over USD 200m in Funds in Europe, Asia, and Latin America. Through its ICT funds, Axon is actively involved in the digital ecosystem of the Spanish market, with a large portfolio that includes companies from startup to growth phase across different sectors.
QaShops is a wholesale and drop shipping solution in which the retailer does not keep goods in stock, but instead transfers customer orders and shipment details to either the manufacturer or a wholesaler, who then ships the goods directly to the customer.