Cordance Further Deepens Presence in Second-Hand Retail with Strategic Investment in Secure Retail POS Systems
Secure Retail POS Systems Joins Cordance to Accelerate Growth and Enhance Operational Excellence for Second-Hand Retailers
Raleigh, NC – March 6, 2025 — Cordance, a company that invests in and accelerates the growth of B2B SaaS companies, is proud to announce its strategic investment in Secure Retail POS Systems (Secure Retail), a provider of Second-Hand Retail Point of Sale (POS) software in North America. This strategic acquisition strengthens Cordance’s commitment to delivering exceptional, market-leading technology solutions to the second-hand retail sector.
Serving customers across North America, Secure Retail is dedicated to empowering thrift store owners and managers with tools that optimize efficiency, improve control, and drive profitability. Its flagship product, S-TAGS, powers some of the largest thrift store chains while delivering value to single-store operators. Designed with input from the industry’s end users over the last decade, S-TAGS offers a comprehensive “source to sales” approach, uniquely crafted to manage the complexities of thousands of unique, one-off products across multiple categories. This innovation not only streamlines inventory management but also ensures maximum profitability at every stage of the supply chain.
“Secure Retail has built an outstanding reputation for transforming thrift store operations with their innovative S-TAGS solution,” said Caroline Morris, CEO of Cordance. “Cordance has a deep presence in the second-hand retail ecosystem, and Secure Retail is a tremendous addition. Together, we will leverage our combined expertise to drive innovation, expand market reach, and continue to deliver unparalleled value to second-hand retailers, ensuring they have the tools to thrive in an increasingly competitive landscape.”
“Joining Cordance marks an exciting new chapter for Secure Retail,” said Jason Purcell, CEO of Secure Retail. “Cordance’s track record of scaling businesses and fostering innovation in the second-hand retail market makes them the ideal partner to help us reach new heights. Together, we’ll continue empowering second-hand retailers with industry-leading solutions, while exploring new opportunities to better serve our customers and the communities they support.”
The combination of Secure Retail’s market-leading solutions with Cordance’s existing suite of second-hand retail solutions creates a powerful synergy that benefits customers through enhanced capabilities and innovation.
About Secure Retail POS Systems: Secure Retail POS Systems provides POS solutions for thrift retailers, offering the innovative S-TAGS POS Solution and comprehensive support to operators across North America. With over a decade of expertise, the company is committed to optimizing profitability and enhancing operational efficiency for its clients. Learn more at secureretailpos.com.
About Cordance Operations LLC: Cordance is a software company that acquires and accelerates the growth of vertically-focused, B2B SaaS companies by investing in their products, processes, and people—for the long-term. Cordance seeks businesses with strong teams, high impact software, and a readiness to serve an expanded customer base. Cordance’s community of experienced operators and subject-matter experts provide go-to-market leadership, operational excellence, and financial rigor to help acquired companies realize their full potential. Visit Cordance.co to learn more.