M&A Deal Summary

SICOM Systems Acquires Posera - FingerPrints Point Of Sale System

On September 14, 2017, SICOM Systems acquired software company Posera - FingerPrints Point Of Sale System from Posera

Acquisition Highlights
  • This is SICOM Systems’ 3rd transaction in the Software sector.
  • This is SICOM Systems’ 2nd transaction in Canada.
  • This is SICOM Systems’ 2nd transaction in Ontario.

M&A Deal Summary
Date 2017-09-14
Target Posera - FingerPrints Point Of Sale System
Sector Software
Buyer(s) SICOM Systems
Sellers(s) Posera
Deal Type Divestiture

Target

Posera - FingerPrints Point Of Sale System

London, Ontario, Canada
Posera - FingerPrints Point Of Sale (POS) System is an user interface and fully redundant system with integrated payment, EMV, loyalty and gift card capabilities as well as centralized menu and pricing programming, together with enabled mobile ordering.

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Buyer(S) 1

Buyer

SICOM Systems

Doylestown, Pennsylvania, United States

website

Category Company
Founded 1987
Sector Software
DESCRIPTION

SICOM Systems, Inc. is a provider of end-to-end solutions for quick service and fast casual restaurants. SICOM offers front-of-house solutions (i.e. Digital Menu Boards, Point-of-Sale (POS) and Order Confirmation Units); back-of-house solutions (Drive-Thru Director™ and Chef™ Kitchen Management); as well as above restaurant solutions (360° Data Analytics and SEMS4 Restaurant Management) that are helping major restaurant chains around the globe to streamline their operations. SICOM Systems, Inc. was founded in 1987 and is based in Doylestown, Pennsylvania.

DEAL STATS #
Overall 3 of 4
Sector (Software) 3 of 4
Type (Divestiture) 2 of 2
State (Ontario) 2 of 2
Country (Canada) 2 of 2
Year (2017) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-14 Posera - FingerPrints Point of Sale

London, Ontario, Canada

Posera Ltd. - FingerPrints Point of Sale is a software specifically designed for the quick service restaurant (QSR) industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-12 NEXTEP SYSTEMS

Troy, Michigan, United States

NEXTEP SYSTEMS is a provider of self-ordering point of sale solutions, digital signage and restaurant management software for managed food service, quick service and fast casual restaurants. NEXTEP SYSTEMS was founded in 2005 and is based in Troy, Michigan.

Buy -

Seller(S) 1

SELLER

Posera

London, Ontario, Canada

website

Category Company
Founded 2001
Sector Software
Employees144
Revenue 13M USD (2020)
DESCRIPTION

Posera Ltd. is a provider of mission critical software solutions for the hospitality industry. Posera manages merchant transactions with consumers and facilitates all aspects of the payment transaction. Posera Ltd. was founded in 2001 and is based in London, Ontario.

DEAL STATS #
Overall 2 of 2
Sector (Software) 2 of 2
Type (Divestiture) 2 of 2
State (Ontario) 2 of 2
Country (Canada) 2 of 2
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-14 Posera - FingerPrints Point of Sale

London, Ontario, Canada

Posera Ltd. - FingerPrints Point of Sale is a software specifically designed for the quick service restaurant (QSR) industry.

Sell -
Mergr

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