Houlihan Lokey Advises Selerant

Houlihan Lokey is pleased to announce that Selerant, a leading global provider of process-based product lifecycle management software and consulting services for manufacturers, has been acquired by Trace One, the largest collaborative retail business platform for consumer packaged goods and portfolio company of STG. This transaction closed 29 April 2022.

Founded in Italy in 1990, Selerant is a leading global provider of process-based product lifecycle management (PLM) software and consulting services within three core manufacturing segments: Food & Beverages, Personal Care/Pharmaceutical, and Specialty Chemicals.

Founded in France in 2001, Trace One, a Symphony Technology Group company (STG), offers a suite of integrated cloud solutions for the creation and management of CPG products. Trace One serves a global customer base, with a powerful retail community of over 5,000 organisations of all sizes, that sits at the heart of the industry's ecosystem. Trace One has been part of STG since May 2021.

STG is a strategic private equity firm that invests in enterprise software, data, and tech-enabled services companies. It currently has approximately $6 billion under management and its portfolio comprises 16 international technology companies. STG is investing out of its recently raised $2 billion Fund VI.

Selerant’s formula-based PLM, compliance, and environment health & safety software solutions directly extend the supplier engagement and transparency capabilities of Trace One’s core PLM offering, particularly across its private label manufacturer and supplier customers. The combined company has the potential to become the de facto end-to-end global PLM software leader connecting the entire supply chain from raw material suppliers to CPG and private-label manufacturers, retailers, and end consumers.

Houlihan Lokey acted as sellside advisor to Selerant shareholders.