Olsam Group (Olsam) has completed the acquisition of the assets of Flywheel Commerce, a US-based e-commerce aggregator.
The acquisition will help Olsam, which recently raised USD165 million, further extend its footprint globally, in particular across North America. Following completion, the brands of Flywheel Commerce will continue to operate in the US and by leveraging Olsam’s expertise as a UK acquirer, expand them globally, notably into the UK and EU.
