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M&A Deal Summary

PayFacto Acquires Posera

On November 25, 2019, PayFacto acquired software company Posera for 15M CAD

Acquisition Highlights
  • This is PayFacto’s 1st transaction in the Software sector.
  • This is PayFacto’s 0th largest (disclosed) transaction.
  • This is PayFacto’s 1st transaction in Canada.
  • This is PayFacto’s 1st transaction in Ontario.

M&A Deal Summary
Date 2019-11-25
Target Posera
Sector Software
Buyer(s) PayFacto
Deal Type Add-on Acquisition
Deal Value 15M CAD
Advisor(s) Fasken Martineau DuMoulin (Legal)

Target

Posera

London, Ontario, Canada
Posera 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 was founded in 2001 and is based in London, Ontario.

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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 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 2
Year: 2019 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 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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