Add-on Acquisition • Software

Compeat Acquires Ctuit

On July 25, 2017, Compeat acquired software company Ctuit

Acquisition Context
  • This is Compeat’s 1st transaction in the Software sector.
  • This is Compeat’s 1st transaction in the United States.
  • This is Compeat’s 1st transaction in California.

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M&A Deal Summary

Date July 25, 2017
Target Ctuit
Sector Software
Buyer(s) Compeat
Deal Type Add-on Acquisition
Advisor(s) Viant Group (Financial)

Target Company

Ctuit

Novato, California, United States
Ctuit Software offers comprehensive restaurant management solutions to help restaurants reduce food costs and optimize employee labor schedules while streamlining operations. Since launching in 2000, Ctuit continues to solve the restaurant industry’s most difficult challenges. The entire Ctuit support team is comprised of seasoned industry veterans providing knowledgeable customer service to help restaurants run seamlessly. This all-in-one software equips restaurateurs with powerful business intelligence and meaningful data to deliver success that you can see and taste.
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Buyer Overview 1

Buyer

Compeat

Austin, Texas, United States

Category Company
Founded 2000
Sector Software
DESCRIPTION

Compeat offers comprehensive software available for restaurant operators to manage their inventory, workforce, and accounting with one integrated product. Compeat has helped thousands of restaurants across the US and Europe reduce their costs, increase control, and improve efficiency. Compeat was founded in 2000 and is based in Austin, Texas.


Deal Context for Buyer #
Overall 1 of 1
Sector: Software 1 of 1
Type: Add-on Acquisition 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2017 1 of 1