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  6. Jonas Software Acquires PAR Springer-Miller Systems

M&A Deal Summary

Jonas Software Acquires PAR Springer-Miller Systems

On November 4, 2015, Jonas Software acquired internet software and services company PAR Springer-Miller Systems from PAR Technology

Acquisition Highlights
  • This is Jonas Software’s 21st transaction in the Internet Software and Services sector.
  • This is Jonas Software’s 18th transaction in the United States.
  • This is Jonas Software’s 1st transaction in Vermont.

M&A Deal Summary
Date 2015-11-04
Target PAR Springer-Miller Systems
Sector Internet Software and Services
Buyer(s) Jonas Software
Sellers(s) PAR Technology
Deal Type Divestiture

Target

PAR Springer-Miller Systems

Stowe, Vermont, United States
Springer-Miller Systems has been a technology innovator for the hotel and spa market. With offices in the United States, Canada, Europe and the Asia-Pacific region, Springer-Miller is focused on providing first-class software and service to all of its customers and in turn to their guests and clients. It offers solutions for the full spectrum of the hospitality market, from boutique hotels and independent resorts to international chains and luxury spas, all backed by a global service network.

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Buyer(S) 1

Buyer

Jonas Software

Markham, Ontario, Canada
Category Company
Founded 1990
Sector Software
DESCRIPTION

Jonas Software is a provider of enterprise management software solutions to different vertical markets throughout the world. Jonas Software is based in Markham, Ontario.

DEAL STATS #
Overall 39 of 61
Sector (Internet Software and Services) 21 of 24
Type (Divestiture) 7 of 8
State (Vermont) 1 of 1
Country (United States) 18 of 28
Year (2015) 8 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-08 FashionMaster

Oxfordshire, United Kingdom

Fashion Master is a provider of Enterprise Software solutions into the UK retail market, with a stronger presence and appeal to the fashion end of the market. FM Limited provides integrated IT solutions for Retailing, Wholesaling, Mail Order, E-Commerce, Warehouse Management and Distribution. They include a wide range of businesses including Fashion Clothing, Sportswear, Schoolwear, Bridalwear, Workwear, Footwear, Luggage, Jewellery, Fabric, Homewares, Accessories and many other types of retail and wholesale operations use the solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-07 ePOS Group

Ramsgate, United Kingdom

ePOS Group Ltd. ("ePOS") is a provider of Software solutions in the UK retail market, with carefully designed and installed POS systems in the retail and hospitality areas (including bars, pubs, convenience, fast food, grocers, restaurants, clubs, hotels, farm-shops and bakeries). They are a trusted partner to thousands of businesses requiring everything from touch terminals to classic till style cash registers.

Buy -

Seller(S) 1

SELLER

PAR Technology

New Hartford, New York, United States
Category Company
Founded 1968
Sector Software
Employees1,800
Revenue 416M USD (2023)
DESCRIPTION

PAR Technology is a provider of software technology services to restaurant and retail industry. PAR Technology was founded in 1968 and is based in New Hartford, New York.

DEAL STATS #
Overall 2 of 5
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 4
State (Vermont) 1 of 1
Country (United States) 2 of 5
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-19 Brink Software

San Diego, California, United States

Brink Software, Inc. is a fast emerging provider of cloud based point of sale (POS) software for restaurants.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-04 3M - Drive Thru Communications Systems Business

St Paul, Minnesota, United States

3M Co. - Drive Thru Communications Systems Business is a wireless communications solutions have modernized communication tasks in foodservice utilizing high-quality sound and speaker systems.

Buy -
Mergr

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