RetailNext Acquired By Battery Ventures Shows VC-to-PE Path

Venture CapitalPrivate Equity
Written By Rick Watson

Battery Ventures is a global investment firm specializing in venture capital, growth, and private equity investments in technology and innovation-driven sectors.

RetailNext, a seventeen-year-old retail smart analytics platform, has been acquired by Battery Ventures' private equity arm for between $100 million and $200 million. The company did not reach a high enough price to enable all investors to receive their capital back, as RetailNext raised over $200 million in venture funding. The company has also received growth capital to acquire complementary assets and invest in its technology. Sound familiar? Hello, private equity.

The Information: A Battery Ventures Buyout Shows VC-to-PE Path

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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