Software

FirstCapital advises on the sale of Virtualstock to Logicbroker

• Client:

  Virtualstock was established in 2004 and processes more than 8 million orders annually, with a GMV (gross merchandise volume) of more than £2 billion ($2.7 billion). Its dropship and curated marketplace platform powers online commerce for some of the UK’s largest and most trusted brands, including Aldi, Argos, B&Q, Currys, and John Lewis. Virtualstock provides retailers with seamless supplier onboarding and product induction. In addition, Virtualstock’s Supplier Hub connects suppliers directly with buyers at major retailers. Virtualstock is backed by Notion.

• Result:

  US-based Logicbroker is the Agentic Commerce Orchestration Engine for enterprise retailers, brands, suppliers, and distributors, transforming LLM searches into storefronts. Logicbroker’s Intelligent Commerce Network automates the entire end-to-end process from discovery to doorstep and stock to dock. Logicbroker is backed by K1. Bringing these businesses together has created a new global leader to support the multi-party commerce orchestration of the world’s largest retailers and brands. Combined, they form one of the largest international dropship supplier networks with more than 15,000 retail and brand partners worldwide, with a GMV of over $13 billion. This transaction demonstrates FirstCapital’s expertise in successfully advising on cross-border strategic transactions delivering win-win outcomes.