Track record · Deal story · 2025

A private equity seller chose our process for its exit

Selling the category-defining Shopify demand-capture app across three continents

2025 · Sell-side M&A

Back in Stock

has been acquired by

AMP

AMP, a Singapore-incorporated e-commerce growth platform with Australian roots, focused on AI-powered solutions, acquired Back in Stock, the leading Shopify demand-capture app, from SureSwift Capital, a Canadian software private equity firm.

$1.6B+

recovered revenue generated for merchants

25,000

e-commerce merchants served

Seller · Canada →

Buyer · Singapore

Array Capital acted as Back in Stock’s exclusive sell-side advisor.

[a]

Patrick Barnes · CEO, AMP (buyer)

01The deal

Back in Stock is the leading Shopify demand-capture app: over its life it generated more than $1.6B in recovered revenue for the 25,000 merchants it served.

The seller was SureSwift Capital, a Canadian software private equity firm; professional sellers have their pick of processes, and they mandated ours. The buyer, AMP, is a Singapore-incorporated e-commerce growth platform with Australian roots focused on AI-powered solutions.

Canada to Singapore, with an Australian-rooted buyer: a three-continent transaction that closed because the process was built to search globally from the start.

02Why it worked

A professional seller’s mandate

A software PE firm chose Array to run its exit. Institutional sellers benchmark advisors; that is the point.

Truly global buyer search

The winning buyer was incorporated in Singapore with Australian roots. Inbox-only processes rarely find this outcome.

Category leadership, priced

The $1.6B recovered-revenue receipt gave buyers a value story no feature list matches.

Independent coverage of this deal

SmartCompany2025 AMP raises $20 million and acquires Back in Stock Back in Stock · acquired by AMP ↗ Techcouver2025 SureSwift Capital sells Shopify app Back in Stock Back in Stock · acquired by AMP ↗

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A private equity seller chose our process for its exit

A professional seller’s mandate

Truly global buyer search

Category leadership, priced

Dondy

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Considering an exit in the next 12 to 24 months?