Pent-Up Demand for E-Commerce Technology Drives M&A
For nearly a decade, e-commerce has plodded along, but now an explosion of mobile commerce driven by changes in consumer behavior is fueling deals, HGGC CEO Rich Lawson tells Mergers & Acquisitions editor-in-chief Mary Kathleen Flynn. HGGC recently invested in MyWebGrocer Inc., which provides digital marketing services for grocery stores. The firm also bought AutoAlert, which provides cloud-based data mining and management services to automotive dealers in North America. For more, see our recent profile of Lawson. For more, see our recent profile of Lawson. Originally published Oct. 9.