Reflexis is the pioneer in real-time store execution and workforce management solutions that enable retailers to execute their customer engagement strategy flawlessly and uncover profit. The Reflexis platform of real-time store execution, task management, compliance, time and attendance, and labor scheduling (including budgeting, forecasting, and employee self-service) enables retailers to align store labor and activities to corporate goals and institutionalize best-practice response to real-time metrics and alerts. For more information on Reflexis visit: www.reflexisinc.com
About Great Hill Partners
Great Hill Partners is a private equity firm that has raised over $5 billion in commitments since inception to finance the expansion, recapitalization, or acquisition of companies in a wide range of sectors in business-to-business and business-to-consumer industries including software, financial and healthcare technology, digital media, eCommerce, and infrastructure.
Great Hill targets investments of $25 million to $200 million. For more information on Great Hill Partners and their portfolio visit: www.greathillpartners.com
Dedham, MA June 1, 2017 - Madison Park Group is pleased to announce that its client, Reflexis Systems, the leading provider of retail workforce management and real-time store execution solutions, has received a minority investment from Great Hill Partners.
Madison Park Group has had a long-term partnership with CEO Prashanth Palakurthi and the Reflexis management to evaluate strategic opportunities. Madison Park Group previously advised the company on its Series B investment from Sageview Capital in 2013.
As the pioneer of real-time retail store execution solutions, Reflexis provides the industry's most comprehensive suite of workforce & store operations capabilities. Reflexis has experienced considerable growth in recent years in subscription commitments with the success of the StorePulse product. Today, Reflexis counts The Home Depot, Staples, Dick's Sporting Goods, CVS, McDonald's, and more than 230 other global retail, hospitality, and quick service restaurant franchises as customers.
Madison Park Group's Michael Magruder advised Reflexis on the transaction. Michael commented:
"We have partnered with Prashanth and the Reflexis team over the last few years and continue to be impressed with the product innovation and thought leadership the team brings to the industry. We believe Reflexis is very well positioned to grow as retailers continue to merge online and in-store operations."