The acquisition will bolster Mosaic, backed by prominent mid-market private equity firm LDC, in expanding its capabilities, enhancing its technology-driven services, and extending its presence throughout the North.
Based in Yorkshire, Mosaic specializes in optimizing client operations through comprehensive outsourced business services, encompassing e-fulfillment and payment processing. Additionally, it offers cloud-based software services empowering clients to efficiently manage income and customer relations across various sectors including retail, e-commerce, FMCG, and not-for-profit.
Established in 2018 and headquartered in Cheshire, Thorn 3PL, boasting a team of 20 employees, operates from a 60,000 square feet warehousing facility, providing storage, packaging, and general fulfillment services. It also offers pre-retail services, consultancy, and freight forwarding. Post-acquisition, Thorn 3PL will operate under the Mosaic umbrella while maintaining its identity.
Duncan Marrison, CEO of Mosaic Fulfillment Solutions, commented, “Acquiring complementary, high-quality businesses is integral to our growth strategy. Thorn 3PL, with its dedicated team and top-notch services, seamlessly aligns with our vision. This acquisition expands our footprint in the North and enhances our capacity to cater to a wider clientele with our technology-driven solutions.”
Teaming up with LDC in 2019 marked a significant milestone in Mosaic’s growth trajectory. Leveraging LDC’s support, the company is actively pursuing synergistic acquisitions, investing in new product development to diversify its service portfolio, and expanding its York facility to double its operational capacity.
The acquisition of Thorn 3PL by Mosaic, under the guidance of LDC, heralds a strategic move to fortify Mosaic’s position in the market and elevate its service offerings to new heights.
With Mosaic’s expertise in end-to-end outsourced business services, including e-fulfillment and payment processing, coupled with its innovative cloud-based software solutions, the acquisition stands to create synergies that will benefit clients across diverse sectors such as retail, e-commerce, FMCG, and beyond.
Thorn 3PL’s established presence, equipped with a proficient team and extensive warehousing capabilities, aligns seamlessly with Mosaic’s growth aspirations. By integrating Thorn 3PL into its operations while retaining its brand identity, Mosaic aims to expand its geographical reach and bolster its operational capacity.
For Mosaic, the acquisition of Thorn 3PL is not just about expanding its footprint; it’s about fortifying its commitment to providing exceptional services and leveraging cutting-edge technology to drive efficiency and value for its clients.
Under the stewardship of LDC, Mosaic continues its trajectory of growth, actively seeking out opportunities for strategic expansion and innovation. This acquisition represents a significant step forward in realizing Mosaic’s vision of becoming a leader in the outsourced business services industry, delivering unparalleled solutions tailored to meet the evolving needs of its clients.
The integration of Thorn 3PL into Mosaic’s portfolio marks a pivotal moment in the company’s evolution, enabling it to offer a more comprehensive suite of services and further solidify its position as a market leader.
With its extensive warehousing capabilities and skilled workforce, Thorn 3PL brings a wealth of experience and expertise to the table, complementing Mosaic’s existing strengths and enhancing its ability to serve clients across various sectors with tailored solutions.
Beyond expanding its geographical footprint, the acquisition enables Mosaic to tap into new markets and industry segments, driving growth and diversification. By leveraging Thorn 3PL’s capabilities alongside its own, Mosaic is well-positioned to capitalize on emerging opportunities and navigate the evolving landscape of outsourced business services.
Furthermore, with the backing of LDC, Mosaic has the resources and support needed to execute its growth strategy effectively. This includes exploring additional acquisition opportunities, investing in technology and infrastructure, and expanding its service offerings to meet the evolving needs of clients in an ever-changing business environment.
Overall, the acquisition of Thorn 3PL represents a significant milestone for Mosaic, underscoring its commitment to innovation, excellence, and delivering value to clients while positioning the company for continued success and leadership in the industry.