Announced
Completed
Financials
Tags
Canada
Software
Acquisition
Friendly
Private
Cross Border
Majority
Single Bidder
Completed
restaurant software
Private Equity
Synopsis
Francisco Partners, a global investment firm, completed the investment in TouchBistro, a restaurant management platform transforming the restaurant category, for $110m. “Our industry leading technology, optimized business model, and uncompromising focus on our customer experience has us well-positioned to accelerate our growth in the vast restaurant and hospitality sector throughout North America and beyond. Francisco Partners shares our enthusiasm about the growth potential for TouchBistro and our customers. In addition to providing us with access to capital, Francisco Partners also has significant domain expertise and industry connections that will enhance and accelerate our growth trajectory and acquisition plans,” Samir Zabaneh, TouchBistro CEO and Chairman.
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