Drayton Park Capital announces investment in Agilence, Inc.
Posted on January 12, 2015 at 11:54 am
Drayton Park Capital LP is pleased to announce its investment to support the growth initiatives of Agilence, Inc., the leading provider of next-generation exception-based reporting (EBR) solutions for retail loss prevention and operations.
Together with Laurel Capital Partners, Drayton Park Capital provided capital in the form of a flexible long-term instrument. The investment capital will allow Agilence’s highly experienced management team to continue on its path of rapid growth, accelerate product development and broaden its customer base around the country.
Founded in 2006, Agilence, headquartered in Mount Laurel, N.J., develops Retail 20/20™, an intelligent reporting solution that provides visibility into daily store operations to reduce fraud and increase efficiency. Retail 20/20 provides users with a complete view of their business, empowering them to make informed decisions more quickly, to increase efficiency and improve profit margins across the enterprise.
Agilence has implemented its SaaS-based solution across multiple retail verticals including grocery, drug and specialty stores. The company has over 70 customers, including Rite Aid Pharmacies, Neiman Marcus, A&P, Price Chopper, Brown Shoes and Spencer Gifts.
About Drayton Park Capital
Drayton Park Capital LP is an independent investment firm focused on investing opportunistically in lower mid-market companies headquartered in the United States. The firm provides flexible long-term turnaround and growth funding. For further information regarding Drayton Park Capital, please visit www.draytonparkcapital.com.
About Agilence
Agilence is the industry leader in next-generation exception-based reporting solutions for retail loss prevention and operations. Agilence develops Retail 20/20™, a highly flexible and powerful cloud-based reporting solution that provides visibility into daily store operations to reduce fraud and operational inefficiencies. Retail 20/20 provides users with a complete view of their business, empowering them to make informed decisions more quickly, to increase efficiency and improve profit margins across the enterprise. Founded in 2006, Agilence, Inc. is headquartered in Mount Laurel, N.J. For further information regarding Agilence, please visit www.agilenceinc.com.