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Wheelings & Dealings: Sageview Invests in Reflexis Systems

Reflexis Systems, Inc., a company that provides real-time execution and workforce management solutions, recently announced that Sageview Capital LP, a private investment firm, has made growth equity investment in the company. The officials from Reflexis said that the investment will be used in expanding the company’s operations.

Headquartered in Dedham, Massachusetts, Reflexis claims that it has enabled retailers to execute their customer engagement strategy flawlessly and uncover profit. The Reflexis platform of real-time store execution, task management, KPI/compliance, time and attendance and labor scheduling (including budgeting, forecasting, and employee self-service) enables retailers to align store labor/activities to corporate goals and institutionalize best-practice responses to real-time metrics and alerts.

More than 180 retailers in multiple vertical categories have reported dramatic improvements in store-level compliance with corporate strategies; higher productivity of corporate, field, and store employees; and increased revenue and profitability after implementing Reflexis workforce management solutions.

Recently, the company made its workforce management and real-time execution solutions available on the Motorola (News - Alert) Solutions SB1 Smart Badge and MC40 enterprise handheld computer, providing retailers with the ability to send tasks and real-time customer service alerts to store managers and associates on mobile devices.

“We are enthusiastic about partnering with the Reflexis team as they continue to provide best-in-class products and service and pursue additional growth initiatives. This investment aligns with our goal of providing capital to support the growth of software businesses that have a demonstrated track record of success and compelling vision for the future,” said Scott Stuart, co-founding partner of Sageview.

 “Sageview’s unique set of competencies in the retail sector and demonstrable track record of guiding companies to scale dramatically made it the ideal partner for Reflexis,” said Prashanth Palakurthi, founder and CEO of Reflexis. “With this investment, Reflexis is well positioned to support retailers facing a rapidly changing business environment and provide comprehensive software tools that will make stores a more compelling experience for retail customers.”