Myagi Acquired by Rallyware

Serra is excited to announce the acquisition of Myagi, Inc. by Rallyware Q1 of 2023. Myagi is a Serra Capital III and Serra Capital III (SBIC) portfolio company, with the first investment made in October, 2018.

Rallyware has developed a unique software solution for measuring the performance of distributed workforces in retail environments. Myagi's software helps that same workforce be more productive by providing just-in-time training on specific products. The combination of the two companies creates a complete solution for retail companies to improve and measure their workforce across multiple locations.

Rob Schultz, Managing Partner at Serra, commented, "We are thrilled for Simon Turner, CEO, and his team as Myagi combines with Rallyware, a company backed by Peakstone Capital. This is a win for the customers of the combined entities, the employee teams and the investors. Serra is proud to have been one of the major investor-partners of Myagi in its journey."

To view the full press release, follow here.