Storewise Acquires Marginmax, Broadening Its Platform Capabilities To Better Serve Independent Grocers
Acquiring Company
StoreWise
Acquired Company
MarginMAX
Description
Storewise, a leading provider of retail automation software for independent grocers, announced the acquisition of MarginMAX, a software company that enables independent grocers to manage direct store delivery (DSD) and wholesaler items through a suite of cloud-based applications, including a vendor portal, pricing engine, and receiving application. Financial terms of the transaction were not disclosed.
Quick answer
StoreWise is acquiring MarginMAX, announced June 6, 2023.
- How much did StoreWise pay for MarginMAX?
- The deal value was not disclosed.
- What does StoreWise do?
- StoreWise was a storage facility operator that specialized in providing unit rentals.
Source: Fundz verified event record.
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Who to call at StoreWise, and when
When StoreWise changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day StoreWise raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at StoreWise, from your own LinkedIn network
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Frequently asked
Who acquired MarginMAX?
MarginMAX was acquired by StoreWise. The deal was reported on June 6, 2023. StoreWise was a storage facility operator that specialized in providing unit rentals. With a focus on customer service, StoreWise offered various storage unit sizes to meet diverse client needs. StoreWise is privately held and operates in Software.
When did StoreWise acquire MarginMAX?
StoreWise's acquisition of MarginMAX was reported on June 6, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MarginMAX do?
MarginMAX is a Baton Rouge, Lousiana-based provider of vendor management and pricing software for independent grocers. The company enables independent grocers and wholesalers to work together more efficiently through the automation of data transfer. It is privately held, operating in Software.
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