A leading enterprise software investment company, Cuadrilla Capital, LLC, recently announced the acquisition of Agilence, Inc. Cuadrilla’s acquisition of Agilence is the company’s first investment since its founding in April 2021. Russ Hawkins, the CEO, will continue to lead the company.
Jonah Sulak and Vikram Abraham, Co-Founders and Managing Partners at Cuadrilla, said, “We are impressed by the momentum at Agilence and thrilled to further the Company’s vision of serving as the trusted analytics platform for retail operations. Agilence’s cloud-native, purpose-built SaaS platform is well-positioned for continued growth, differentiating through its vertical-specific feature functionality, out-of-the-box deployment model, and a high degree of self-service capabilities. Agilence is led by an exceptional team and, as Cuadrilla’s inaugural investment, will be complemented by our commitment to investing in innovation to support increased scale and accelerated growth.”
Eric Hinkle, Operating Advisor at Cuadrilla, said, “Retailers continue to be faced with lower asset turnover, higher costs, and more competition than ever before, and are accelerating digital adoption to navigate this challenging operating environment. We believe Agilence’s leading software solutions uniquely position the Company to address these market trends, and we look forward to building on this strong foundation to deliver trusted and valued technology to the Company’s blue-chip customer base.”
Agilence is a prominent retail data management and analytics SaaS platform that serves over 200 of the world’s largest supermarket, pharmacy, restaurant, and retail companies. Agilence’s software platform collects and analyses transactional and operational data from brick-and-mortar and eCommerce channels, providing insights at the customer, product, and employee level to help businesses boost sales, cut costs, and stay compliant with internal laws and regulations.
Russ Hawkins, CEO of Agilence, said, “We are excited to partner with Cuadrilla during Agilence’s next stage of growth as we look to build upon our strong platform and continue to execute on significant organic and inorganic growth opportunities. Cuadrilla’s partnership will enable us to invest even further to execute on our strategic roadmap and delight our customers.”