Kerridge Commercial Systems Acquires Silkmoth Ltd

Kerridge Commercial Systems (KCS), a leading ERP and business management software provider for the distributive trades, has announced the acquisition of Silkmoth Ltd, a specialist in software and web applications for the UK and European tyre industry. This acquisition further strengthens KCS’s capabilities in the tyre sector, particularly in the e-commerce domain, and expands its footprint in the automotive market across the UK and Europe.

Kerridge Commercial Systems Acquires Silkmoth Ltd
Kerridge Commercial Systems Acquires Silkmoth Ltd
November 6, 2024

Strategic Expansion in the Automotive and Tyre Sector

Silkmoth Ltd, renowned for its specialised software solutions in tyre management and e-commerce, offers a broad range of applications that support online sales for global tyre manufacturers, national chains, and independent tyre retailers. Silkmoth’s suite includes e-commerce solutions, online booking platforms, tyre label and technical data management, and a comprehensive garage management solution to handle quotations, job scheduling, diary management, and invoicing. This acquisition allows KCS to integrate Silkmoth’s advanced software into its already robust ERP and business management solutions, creating a highly capable, omni-channel offering for customers in the tyre and automotive sectors.

Ian Bendelow, CEO of KCS, expressed his enthusiasm for the acquisition, noting that Silkmoth’s “e-commerce skills and experience...complement and strengthen the KCS Group’s capabilities for other verticals in the distributive trades.” Bendelow emphasised that bringing Silkmoth into the KCS fold demonstrates KCS’s ongoing commitment to the tyre industry, enhancing its supply chain and e-commerce capabilities to provide a more comprehensive solution to customers across Europe and beyond.

New Opportunities for Innovation and Growth

Silkmoth’s Managing Director, Carl Dean, highlighted the strategic value of the acquisition, stating, “Our combination represents an opportunity to provide greater value to our customers in the tyre management space, augmenting the pace at which we can provide innovative technology and products that maximise the profit generation capabilities of our customers.” Dean also noted that the acquisition offers an exciting growth opportunity for Silkmoth’s team, who will now contribute to KCS’s broader mission to become a leader in the global automotive software market.

Synergy and Enhanced Offerings

With over 20 years of experience, Silkmoth has built a reputation for effective, profit-driven solutions within the automotive and tyre industry. Its brands, including TyreClick, SellMoreTyres.com, CompareTyrePrices.com, simpleGMS, TyreMerge, and TyreDB, are widely used across the UK and Europe, providing essential tools for both independent tyre retailers and large multinationals. By integrating Silkmoth’s suite of offerings into KCS’s vertically-focused ERP software, KCS can deliver an even more versatile, integrated platform for clients who require seamless connections between supply chain management, e-commerce, and tyre-specific business processes.

Kerridge Commercial Systems: Accelerating Growth with Strategic Acquisitions

This acquisition marks KCS’s fifth in the past year, underscoring the company’s drive to expand its influence in multiple markets. With over 34,000 customers worldwide, KCS serves a diverse range of industries with mission-critical solutions to improve sourcing, stocking, sales, and service efficiency. Operating in 76 countries, KCS has built an extensive global network with a workforce of 1,300 professionals across the UK, Europe, the USA, Africa, the Nordic countries, and Australia.