Company Overview
Snapshot
Founded in November 2001, StoreNext operates with 51–200 employees, providing retail data analytics solutions. The company was acquired by Fortissimo in June 2022.
Business overview
StoreNext develops electronic platforms that facilitate seamless interactions between suppliers and clients, prioritizing transparency and effective communication. The company processes and analyzes data from various channels, equipping clients with tools to make precise and timely critical decisions. StoreNext's solutions enable efficient performance in dynamic business environments, focusing on accessible information and cohesive communication to empower businesses to remain agile and responsive in the retail and fintech sectors.
Strategic signal
In June 2022, StoreNext was acquired by Fortissimo for NIS 180 million. This acquisition signals a significant consolidation in the retail data analytics market, providing StoreNext with new resources and strategic direction under Fortissimo's ownership, and indicating continued investor interest in data-driven solutions for the retail sector.
Log in to access full profile ›Company Intelligence Q&A
- What was the most significant corporate event for StoreNext recently?
- In June 2022, StoreNext was acquired by Fortissimo for NIS 180 million, marking a major exit for the company.
- What was the reported value of the acquisition by Fortissimo?
- Fortissimo acquired StoreNext for NIS 180 million in June 2022, as reported by Globes on June 15, 2022.
- What was the status of StoreNext's sale to Fortissimo in February 2023?
- In February 2023, the Competition Authority blocked the sale of StoreNext to Fortissimo.
- What was the strategic consideration for StoreNext in February 2022?
- In February 2022, StoreNext was reportedly on its way to being listed on the Tel Aviv Stock Exchange at a valuation of NIS 300 million.
- When did Isracard invest in StoreNext's initiative?
- In October 2003, Isracard invested $2.5 million in Retalix's StoreNext initiative.