M&A Deal Summary

PayFacto Acquires iShopFood

On January 6, 2022, PayFacto acquired internet software and services company iShopFood

Acquisition Highlights
  • This is PayFacto’s 1st transaction in the Internet Software and Services sector.
  • This is PayFacto’s 1st transaction in Canada.
  • This is PayFacto’s 1st transaction in Quebec.

M&A Deal Summary
Date 2022-01-06
Target iShopFood
Sector Internet Software and Services
Buyer(s) PayFacto
Deal Type Add-on Acquisition

Target

iShopFood

Quebec City, Quebec, Canada
iShopFood is an ordering platform aimed at empowering the restaurant and hospitality industry by offering an online ordering solution, self-serve kiosks, digital menu boards, a loyalty program and multiple other tools. iShopFood is based in Quebec City.

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Buyer(S) 1

Buyer

PayFacto

Verdun, Quebec, Canada
Category Company
Founded 2018
Sector Financial Services
DESCRIPTION

PayFacto provides payment processing and point-of-sale (POS) systems focused on the hospitality market. The Company enables merchants of all shapes and sizes to take control of their electronic transactions. With its own proprietary payment gateway and SaaS point-of-sale technology, PayFacto offers a differentiated suite of integrated payment and POS solutions supported locally through its extensive network of hundreds of distributors and resellers. PayFacto was founded in 2018 and is based in Verdun, Quebec.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1
Mergr

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