Argility (Pty) Ltd
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Argility (Pty) Ltd - overview
Established
1987
Location
Johannesburg, -, South Africa
Primary Industry
Software
About
Argility (Pty) Ltd is a South African technology firm that delivers specialized software and data analytics solutions aimed at enhancing retail operations and customer experience. Founded in 1987, Argility (Pty) Ltd is based in Johannesburg, South Africa, focusing on software solutions for the retail sector. The company was acquired by Smollan Group in January 2022 from Capital Eye Investments, thus allowing for an expansion of its technology offerings within the retail and supply chain sectors. Argility Technology Group (ATG) specializes in comprehensive software and data analytics solutions for retailers and brands.
Its flagship product, Retail4U, optimizes retail operations by integrating inventory management, sales analytics, and customer relationship management into a single platform. Other products include PredictRetail, Skydata, MultiTRAX, and various tailored solutions for supply chain management. With deployment across Southern and Eastern Europe, the Middle East, and Africa, ATG serves both large retailers and smaller independent brands. Argility's revenue model consists of subscription-based services and partnerships with retailers and wholesalers, which allows for ongoing access to its software solutions.
Clients engage in long-term contracts for licensing, implementation, and support services, with pricing based on scale and customization. Retail4U acts as a core product, aiding clients in managing retail operations efficiently. Following its acquisition by Smollan Group in January 2022, Argility plans to enhance its product range and expand its international footprint. Strategies include the development of new products tailored to emerging market needs and plans to penetrate additional regions, extending their reach into new markets by 2024.
The funding from the acquisition will facilitate these growth initiatives, positioning Argility to enhance its technology solutions for retail and supply chain management.
Primary Industry
Software
Sub Industries
Consulting Services, Email, Website Hosting, IT Infrastructure, Analytics & Performance Software, Logistics Software, Sales & Marketing Software
Website
www.argility.com
Verticals
Artificial Intelligence, Big Data, IoT (Internet of Things), Mobile Apps
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Argility (Pty) Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Argility (Pty) Ltd | - | ||||||||
| Buyout | Completed | Argility (Pty) Ltd | - |
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