AnyMind Group [TSE:5027], a BPaaS company for marketing, e-commerce and digital transformation, has today announced that it has entered into an agreement to acquire all shares of Malaysia-based e-commerce enabler, Arche Digital.
The acquisition of Arche Digital aims to strengthen AnyMind Group’s Business-Process-as-a-Service (BPaaS) capabilities for domestic and international enterprises in Malaysia, by combining Arche Digital’s operational expertise in e-commerce with AnyMind Group’s proprietary software for e-commerce and marketing. BPaaS is a business model that provides a combination of software and operational support functions across the business process.
Founded in 2015, Arche Digital provides enterprises in Malaysia with a wide range of services including e-commerce strategy development, e-commerce operations, warehouse and logistics management, online store operations, marketing and customer service. Since its launch, the company has supported the growth of a variety of enterprises including global skincare brands and household brands, and amassed over 1 million orders.
On the acquisition of Arche Digital, Kosuke Sogo, CEO and co-founder of AnyMind Group, said: “When considering M&A opportunities, we evaluate the management team’s capability for leading the business in the medium to long term, and cultural fit, as well as synergy with our existing business. Arche Digital has a management team with deep expertise in the e-commerce field in Malaysia, and a track record of supporting various enterprises. We are confident that AnyMind and Arche Digital are able to create strong synergy together.”
Steven Tan, Managing Director of Arche Digital, said: “In anticipation of the acquisition, our commitment remains unwavering: to honor the legacy of our company while embracing the opportunities that lie ahead. Together, we plan to embark on a journey of innovation, growth, and shared success, guided by our shared vision and collective strengths.”
Arche Digital will be AnyMind Group’s ninth acquisition in seven years, its first acquisition in Malaysia, its second acquisition of an e-commerce enabler following the completed acquisition of Indonesia-based DDI in September 2023, and its third acquisition in Southeast Asia.
