Appointment to President WeCommerce Appoints Alex Persson as President
03/26/2021
VICTORIA, British Columbia--(BUSINESS WIRE)-- WeCommerce Holdings Ltd. (“WeCommerce” or the “Company”) (TSXV: WE.V) is pleased to announce the appointment of Alex Persson as President.
“We are very excited for Alex to advance to President of WeCommerce," said Chief Executive Officer Chris Sparling. “Alex's outstanding investing and leadership experience will amplify our acquisition process and help unlock WeCommerce's next stage of growth."
Mr. Persson has been with WeCommerce since October 2020, overseeing acquisitions and working closely with the executive team on strategic initiatives and portfolio company oversight. Mr. Persson brings over a decade of experience in acquisitions and investments, with a particular focus on software businesses. Mr. Persson has spent the bulk of his career working with Jefferies Financial Group's senior management in a variety of investing and operating roles. In his new role, Mr. Persson will continue to oversee acquisitions, manage a growing portfolio of companies and help build WeCommerce into the acquirer of choice for ecommerce technology companies. Mr. Persson will report to Chris Sparling, the Company’s Chief Executive Officer.
Mr. Persson has a B.S. from the University of Virginia and an M.B.A. from the Stanford Graduate School of Business.
About WeCommerce Holdings Ltd.
WeCommerce is a Canadian ecommerce technology holding company that owns a family of companies and brands in the Shopify partner ecosystem, including Pixel Union, Out of the Sandbox, Yopify, SuppleApps, Rehash and Foursixty. The Company’s primary focus is to build, grow and acquire businesses that serve the Shopify Partner ecosystem. These businesses consist primarily of SaaS, Digital Goods and Services businesses. Generally, these businesses build Apps and Themes and run Agencies that support Shopify merchants.
WeCommerce is focused on acquiring businesses with growth potential, a sustainable competitive advantage that is, or has the potential to become a leader within their particular market. The Company targets businesses within the Shopify ecosystem due to its confidence in the Shopify platform, the fragmented nature of the ecosystem and the attractive economics that the businesses generally exhibit. As one of Shopify’s first partners since 2010, WeCommerce believes it is well positioned to continue to identify acquisition opportunities in the Shopify Partner ecosystem.
For more about WeCommerce, please visit https://www.wecommerce.co/ or refer to the public disclosure documents available under WeCommerce’s SEDAR profile on SEDAR at www.sedar.com.