Rezolve Ai to Acquire GroupBy Strengthening Market Leadership in Commerce Site Search and Digital Engagement
Rezolve Ai (NASDAQ: RZLV) has announced a purchase agreement to acquire GroupBy Inc., a leader in enterprise-grade site search and merchandising solutions. The acquisition will enhance Rezolve's commerce site search capabilities and expand its North American presence through GroupBy's offices in Austin and Toronto.
GroupBy brings 12 years of experience optimizing product discovery for major brands like The Container Store, Crate & Barrel, and Ace Hardware. The integration will combine GroupBy's site search expertise with Rezolve's Brain Commerce suite to deliver enhanced personalization and AI-driven engagement.
The deal structure includes GroupBy's shareholders receiving equity in Rezolve Ai. This acquisition aligns with Rezolve's three-pronged growth strategy: direct sales execution, channel partnerships with companies like Microsoft and Google, and strategic acquisitions. The transaction's completion is subject to standard closing conditions.
Rezolve Ai (NASDAQ: RZLV) ha annunciato un accordo di acquisto per acquisire GroupBy Inc., un leader nelle soluzioni di ricerca e merchandising per siti a livello enterprise. Questa acquisizione migliorerà le capacità di ricerca per il commercio di Rezolve e espanderà la sua presenza in Nord America attraverso gli uffici di GroupBy ad Austin e Toronto.
GroupBy porta con sé 12 anni di esperienza nell'ottimizzazione della scoperta dei prodotti per grandi marchi come The Container Store, Crate & Barrel e Ace Hardware. L'integrazione unirà l'expertise di GroupBy nella ricerca per siti con la suite Brain Commerce di Rezolve per offrire una personalizzazione avanzata e un coinvolgimento guidato dall'AI.
La struttura dell'accordo prevede che gli azionisti di GroupBy ricevano azioni in Rezolve Ai. Questa acquisizione è in linea con la strategia di crescita a tre punte di Rezolve: esecuzione delle vendite dirette, partnership con aziende come Microsoft e Google, e acquisizioni strategiche. Il completamento della transazione è soggetto a condizioni di chiusura standard.
Rezolve Ai (NASDAQ: RZLV) ha anunciado un acuerdo de compra para adquirir GroupBy Inc., un líder en soluciones de búsqueda y comercialización de sitios a nivel empresarial. La adquisición mejorará las capacidades de búsqueda comercial de Rezolve y ampliará su presencia en América del Norte a través de las oficinas de GroupBy en Austin y Toronto.
GroupBy aporta 12 años de experiencia optimizando el descubrimiento de productos para grandes marcas como The Container Store, Crate & Barrel y Ace Hardware. La integración combinará la experiencia en búsqueda de sitios de GroupBy con la suite Brain Commerce de Rezolve para ofrecer una personalización mejorada y un compromiso impulsado por IA.
La estructura del acuerdo incluye que los accionistas de GroupBy reciban acciones en Rezolve Ai. Esta adquisición se alinea con la estrategia de crecimiento tripartita de Rezolve: ejecución de ventas directas, asociaciones con empresas como Microsoft y Google, y adquisiciones estratégicas. La finalización de la transacción está sujeta a condiciones de cierre estándar.
레졸브 AI (NASDAQ: RZLV)는 그룹바이 Inc.를 인수하기 위한 구매 계약을 발표했습니다. 그룹바이는 기업급 사이트 검색 및 머천다이징 솔루션의 선두주자입니다. 이번 인수는 레졸브의 상거래 사이트 검색 기능을 강화하고 그룹바이의 오피스가 있는 오스틴과 토론토를 통해 북미 내 입지를 확대할 것입니다.
그룹바이는 더 컨테이너 스토어, 크레이트 앤 배럴, 에이스 하드웨어와 같은 주요 브랜드의 제품 발견 최적화에서 12년의 경험을 가지고 있습니다. 통합은 그룹바이의 사이트 검색 전문성과 레졸브의 브레인 커머스 제품군을 결합하여 개인화 및 AI 기반의 참여를 향상시킬 것입니다.
거래 구조에는 그룹바이의 주주가 레졸브 AI의 주식을 받는 것이 포함됩니다. 이 인수는 레졸브의 세 가지 성장 전략과 일치합니다: 직접 판매 실행, 마이크로소프트 및 구글과 같은 회사와의 채널 파트너십, 그리고 전략적 인수입니다. 거래 완료는 표준 종료 조건에 따라 진행됩니다.
Rezolve Ai (NASDAQ: RZLV) a annoncé un accord d'achat pour acquérir GroupBy Inc., un leader dans les solutions de recherche de sites et de merchandising de niveau entreprise. Cette acquisition améliorera les capacités de recherche commerciale de Rezolve et étendra sa présence en Amérique du Nord grâce aux bureaux de GroupBy à Austin et Toronto.
GroupBy apporte 12 ans d'expérience dans l'optimisation de la découverte de produits pour des grandes marques telles que The Container Store, Crate & Barrel et Ace Hardware. L'intégration combinera l'expertise en recherche de sites de GroupBy avec la suite Brain Commerce de Rezolve pour offrir une personnalisation accrue et un engagement alimenté par l'IA.
La structure de l'accord prévoit que les actionnaires de GroupBy reçoivent des actions de Rezolve Ai. Cette acquisition s'aligne sur la stratégie de croissance en trois volets de Rezolve : exécution des ventes directes, partenariats avec des entreprises telles que Microsoft et Google, et acquisitions stratégiques. La finalisation de la transaction est soumise à des conditions de clôture standards.
Rezolve Ai (NASDAQ: RZLV) hat eine Kaufvereinbarung zur Übernahme von GroupBy Inc. angekündigt, einem führenden Anbieter von Unternehmenslösungen für die Site-Suche und Merchandising. Die Übernahme wird die Suchfähigkeiten von Rezolve im Bereich E-Commerce verbessern und die Präsenz in Nordamerika durch die Büros von GroupBy in Austin und Toronto erweitern.
GroupBy bringt 12 Jahre Erfahrung in der Optimierung der Produktentdeckung für große Marken wie The Container Store, Crate & Barrel und Ace Hardware mit. Die Integration wird die Expertise von GroupBy in der Site-Suche mit der Brain Commerce Suite von Rezolve kombinieren, um eine verbesserte Personalisierung und KI-gesteuerte Interaktion zu bieten.
Die Struktur des Deals sieht vor, dass die Aktionäre von GroupBy Eigenkapital in Rezolve Ai erhalten. Diese Übernahme entspricht der dreigleisigen Wachstumsstrategie von Rezolve: direkte Verkaufsumsetzung, Partnerschaften mit Unternehmen wie Microsoft und Google sowie strategische Übernahmen. Der Abschluss der Transaktion unterliegt den üblichen Abschlussbedingungen.
- Strategic expansion into North American market through established offices in Austin and Toronto
- Access to GroupBy's enterprise client portfolio including major retail brands
- Integration of complementary technologies enhancing product offering
- Equity-based deal structure indicating confidence from private equity investors
- Alignment with existing partnerships (Microsoft, Google) for distribution channels
- Transaction still subject to closing conditions
- Integration costs and challenges may impact short-term performance
Insights
This strategic acquisition marks a pivotal moment in the AI-powered commerce solutions landscape. The integration of GroupBy's proven site search technology, which serves major retailers like The Container Store and Crate & Barrel, with Rezolve's Brain Commerce suite creates a comprehensive offering that addresses the full commerce technology stack.
The deal structure reveals sophisticated strategic thinking: GroupBy's private equity investors accepting equity in Rezolve signals strong confidence in the combined entity's future prospects. This equity-based consideration helps preserve cash while aligning interests for post-merger success.
The acquisition's three-pronged value creation strategy is particularly compelling: 1) Immediate enterprise customer access through GroupBy's established relationships, 2) Geographic expansion into key North American markets, and 3) Technology stack enhancement that enables more comprehensive solutions for retailers.
The timing is strategic as retailers increasingly seek unified commerce solutions that combine search, discovery, and transaction capabilities. This positions Rezolve to capture a larger share of enterprise IT budgets by offering an integrated suite rather than point solutions.
However, successful integration will be crucial. Key challenges include technology stack harmonization, retention of key GroupBy personnel, and maintaining service quality for existing customers during the transition. The involvement of major advisory firms like Cantor Fitzgerald suggests thorough due diligence in addressing these concerns.
The technological implications of this acquisition are transformative for the digital commerce landscape. By combining GroupBy's proven search algorithms with Rezolve's AI-driven engagement capabilities, the merged platform can deliver unprecedented personalization accuracy and conversion optimization.
The integration presents unique advantages in three critical areas: 1) Enhanced product discovery through AI-powered search refinement, 2) Seamless integration of conversational commerce with traditional search interfaces, and 3) Improved merchandising intelligence through combined data analytics capabilities.
The technology stack combination is particularly powerful because it addresses the full commerce journey - from initial product discovery through to conversion. This end-to-end capability is increasingly important as retailers seek to reduce the number of technology vendors while improving customer experience.
The presence of strategic partnerships with Microsoft and Google suggests potential for accelerated AI development and cloud infrastructure optimization. These relationships could prove important in scaling the combined platform and maintaining competitive advantages in the rapidly evolving commerce technology space.
Strategic acquisition expands Rezolve Ai’s capabilities in Commerce Site Search, unlocking synergies with enterprise clients and global infrastructure
NEW YORK, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Rezolve Ai (NASDAQ: RZLV), a global leader in AI-driven commerce solutions, today announced that it has entered into a purchase agreement to acquire GroupBy Inc. (www.groupbyinc.com), a leader in enterprise-grade site search, product discovery, and merchandising solutions. The acquisition's completion is subject to the fulfilment or waiver of standard closing conditions. This bold move will reinforce Rezolve Ai’s position as a leader in transforming digital commerce experiences.
Powering the Future of Digital Commerce
GroupBy has spent over 12 years optimizing product discovery for some of the world’s most recognized brands, including The Container Store, Crate & Barrel, Omaha Steaks, RS Components, Cabela’s Canada, Ace Hardware, and Genuine Parts Corp. By integrating its cutting-edge site search and merchandising capabilities with Rezolve Ai’s Brain Commerce suite, the acquisition will unlock an unprecedented level of personalization and AI-driven engagement for retailers.
Expanding Reach, Accelerating Innovation
With a robust presence in Austin, Texas, and Toronto, Canada, GroupBy will extend Rezolve Ai’s North American footprint, opening doors to new growth opportunities and deepening relationships with enterprise clients. GroupBy’s customers will gain access to Rezolve’s next-generation conversational commerce, intelligent checkout, and real-time engagement solutions - delivering personalized, frictionless, and revenue-boosting digital shopping experiences.
Additionally, GroupBy’s customer relationships present upsell opportunities to leverage Rezolve Ai’s real-time engagement, intelligent checkout, and geolocation solutions to drive increased merchant revenues and enhance digital shopping journeys.
Commitment to Leadership Through Sales, Channels, and Acquisitions
Rezolve Ai’s path to market leadership is driven by a three-pronged approach:
- Direct Sales Execution – Rezolve Ai is actively building a world-class sales organization in both the United States and Europe to drive direct engagement with retailers and brands.
- Channel Partnerships – With strategic partnerships, including Microsoft and Google, Rezolve Ai is leveraging channel distribution to expand its reach across established merchant footprints.
- Strategic Acquisitions – The acquisition of GroupBy underscores Rezolve Ai’s commitment to acquiring best-in-class commerce technology companies that enhance Rezolve’s product ecosystem and the opportunity to accelerate growth.
Daniel M. Wagner, CEO of Rezolve Ai, commented:
“Our playbook for becoming the undisputed market leader in commerce requires three critical pillars: direct sales, broad-reaching channel partnerships, and strategic acquisitions. Today’s agreement to acquire GroupBy exemplifies this strategy, adding best-in-class commerce site search capabilities to our portfolio, expanding our merchant relationships, and reinforcing our North American footprint. We are committed to scaling aggressively through sales execution, marketing investment, and continued partnerships with technology giants like Microsoft and Google.”
Roland Gossage, CEO of GroupBy, added:
“Rezolve Ai has established itself as the market leader in conversational commerce, redefining how consumers and businesses interact online. By combining GroupBy’s deep expertise in commerce site search with Rezolve Ai’s cutting-edge Brain Commerce technologies, we will be poised to transform digital commerce. The synergy between our platforms will enable merchants to create highly personalized, seamless shopping experiences that bridge the gap between intelligent product discovery and frictionless transactions. Our customers and team are excited about this new chapter, and I look forward to driving innovation as part of the Rezolve Ai family.”
A Win-Win for Customers, Investors, and the Future of Retail
The acquisition isn’t just a win for Rezolve Ai - it’s a resounding vote of confidence from both Rezolve AI and GroupBy’s shareholders, including leading private equity investors who will take equity in Rezolve Ai as part of the deal. Their commitment signals strong belief in Rezolve Ai’s continued ascent as a market leader.
With the addition of GroupBy, Rezolve Ai will be positioned to lead the industry, delivering advanced site search, merchandising, and next-generation digital commerce solutions to retailers worldwide.
GroupBy was advised by Cantor Fitzgerald & Co. and Faskens on the transaction.
Rezolve was advised by DLA Piper LLP (US), DLA Piper (Canada) LLP and Taylor Wessing.
About Rezolve Ai
Rezolve Ai (NASDAQ: RZLV) is an industry leader in AI-powered solutions, specializing in enhancing customer engagement, operational efficiency, and revenue growth. The Brain Suite delivers advanced tools that harness artificial intelligence to optimize processes, improve decision-making, and enable seamless digital experiences. For more information, visit www.rezolve.com.
About GroupBy
GroupBy is a leading provider of commerce site search and merchandising solutions, helping retailers and brands optimize product discovery and drive higher conversion rates. With over 12 years of experience serving blue-chip clients, GroupBy’s powerful platform delivers intelligent search, dynamic merchandising, and data-driven personalization to enhance digital shopping experiences. Headquartered in Toronto, Canada, with offices in Austin, Texas, GroupBy partners with top-tier retailers to create seamless and engaging customer journeys that drive measurable business outcomes. For more information, visit www.groupbyinc.com.
Media Contact
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Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1996. The actual results of Rezolve Ai Limited (“Rezolve”) may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect”, “estimate”, “project”, “budget”, “forecast”, “anticipate”, “intend”, “plan”, “may”, “will”, “could”, “should”, “believes”, “predicts”, “potential”, “continue”, and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Rezolve’s expectations to satisfy the closing conditions for the acquisition and Rezolve’s expectations with respect to anticipated synergies and market expansion from the GroupBy acquisition, the anticipated transformation of digital commerce by Rezolve Ai and GroupBy sales from its co-selling arrangements and descriptions of future performance. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of Rezolve’s amended registration statement on Form F-4 (File No. 333-272751) filed with the U.S. Securities and Exchange Commission ("SEC") on July 5, 2024, and declared effective by the SEC on July 9, 2024 (the "Registration Statement") and its subsequent filings made with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Most of these factors are outside Rezolve’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) competition, the ability of Rezolve to grow and manage growth profitably, and retain its management and key employees; (2) costs related to Rezolve’s completed business combination with Armada Acquisition Corp. I; (3) changes in applicable laws or regulations; and (4) weakness in the economy, market trends, uncertainty and other conditions in the markets in which Rezolve operates, and other factors beyond its control, such as inflation or rising interest rates. Rezolve cautions that the foregoing list of factors is not exclusive and not to place undue reliance upon any forward-looking statements, including projections, which speak only as of the date made. Neither Armada nor Rezolve undertakes or accepts any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
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