PHILADELPHIA — Longshore Capital Partners, a private equity firm, has announced a strategic investment in Stuzo, a leading digital commerce solutions provider for the retail industry. The investment aims to fuel Stuzo’s growth and expand its innovative technology offerings in the competitive digital retail landscape.
The financial terms of the deal were not disclosed by either company.
Gunter Pfau, Founder and CEO of Stuzo, expressed enthusiasm about the partnership, stating, “We’re thrilled about the future growth and strategic opportunities that this partnership with Longshore Capital Partners brings. Stuzo is deeply committed to empowering retailers to capture a greater share of customer spending. Our unique position, leveraging data through our integrated loyalty, payments, and cross-channel customer experience technology, allows us to deliver significant and measurable business results at scale.”
Ryan Anthony, Co-founder and Partner at Longshore Capital Partners, based in Chicago, commented on the investment, “As we delved deeper into understanding Stuzo, we were particularly impressed by their talented and dedicated team, their unwavering commitment to achieving tangible business outcomes for their expanding roster of prominent retail clients, and their cutting-edge technology. We believe Stuzo is exceptionally well-positioned for continued success in the digital commerce sector.”
Longshore Capital Partners operates as a middle-market private equity manager and is investing from its inaugural $210 million fund. The firm strategically acquires controlling interests in service-oriented businesses across North America, targeting companies with EBITDA ranging from $5 to $15 million. Longshore emphasizes its proven track record of successful collaborations with founders and management teams within the lower middle market. This investment in Stuzo underscores their commitment to partnering with high-growth companies in the technology-driven retail space.
Stuzo, headquartered in Philadelphia, is focused on enabling retailers to enhance customer understanding and data activation in real-time. This capability is designed to drive increased customer visits, fuel growth in fuel gallons sold, and expand basket sizes. Stuzo’s comprehensive Open Commerce product suite includes:
- Activate: A loyalty program solution designed to deepen customer engagement.
- Transact: A contactless commerce platform facilitating seamless transactions.
- Experience: A cross-channel digital storefront solution to unify the customer journey across all touchpoints.
This investment by Longshore Capital Partners marks a significant milestone for Stuzo, positioning the company to further innovate and expand its reach within the evolving digital commerce landscape, ultimately benefiting retailers seeking to thrive in the modern marketplace.
Stuzo Longshore Capital Partners Investment
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Written by Jackson Lewis, technology and services editor for CSP. Jackson brings extensive experience from Technomic, where he served as an analyst covering the convenience and grocery sectors since 2016.
