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4th November 2021 - 0 comments

Foresight completes the sale of Selazar

Foresight Group has sold Selazar Limited, a logistics management software platform, to an independent global investment firm.

Based in Castle Donington, Belfast and London, Selazar is an end-to-end eCommerce fulfilment platform which aims to simplify and reduce the costs of fulfilling ecommerce sales orders for retailers and logistics providers. Selazar connects the four major components of ecommerce order fulfilment: product suppliers, fulfilment centres, couriers and retailers. Retailers are able to readily view and manage their stock, sales orders and returns through a single, unified platform.

Foresight has taken a proactive approach alongside the management team to strengthen the business.  Since the investment round in November 2019 led by Foresight, Selazar has fully launched its proprietary software platform and opened a base in Castle Donington, Leicestershire, strategically positioned in an area with a strong logistics presence. This also gave the company access to the large SME retailer market and its fulfilment partners, which has supported material growth in the company’s customer base. To meet this demand, Selazar has grown its team, with 30 high quality jobs created.

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