Firmament Invests In Forest Incentives To Create National 3Pl Provider
03/01/22, 8:41 AM
Firmament, a leading provider of structured equity solutions to small- and medium-sized enterprises, announced today an investment in Forest Incentives, Ltd. ("Forest" or the "Company"), a provider of third-party logistics ("3PL") and procurement and support services, including product sourcing, warehousing, fulfillment, and customer support, for companies and not-for-profit organizations ("NPOs"). Proceeds from the investment will be used to fund strategic investments in EnterMarket Corp. ("EnterMarket") and SMG Direct, Inc
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The startup will use the new capital to acquire more than 300 Japanese e-commerce brands that have been carefully crafted and curated by entrepreneurs. Forest said it is the first pure aggregator dedicated to the Japanese market. I strongly believe that Forest can solve these problems and capitalize on the potential of these businesses through the power of technology,” said partner of UTEC Hiroyuki Sakamoto. Forest is currently in the process of finalizing its first acquisition.