M&A Deal Summary

Transact Acquires Quickcharge Dining and Retail Technology

On October 3, 2023, Transact acquired software company Quickcharge Dining and Retail Technology from MM Hayes

Acquisition Highlights
  • This is Transact’s 2nd transaction in the Software sector.
  • This is Transact’s 1st transaction in the United States.
  • This is Transact’s 1st transaction in New York.

M&A Deal Summary

Date 2023-10-03
Target Quickcharge Dining and Retail Technology
Sector Software
Buyer(s) Transact
Sellers(s) MM Hayes
Deal Type Divestiture

Target

Quickcharge Dining and Retail Technology

Albany, New York, United States
Quickcharge Dining and Retail Technology is a dining and retail technology platform for K-12, Healthcare, Corporate, and Government campuses. Quickcharge Dining and Retail Technology is based in Albany, New York.

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Buyer(S) 1

Buyer

Transact

Scottsdale, Arizona, United States

Category Company
Sector Information Technology
DESCRIPTION

Transact is a provider of campus engagement and payments solutions and a first-mover innovator in NFC mobile credentials, Transact enables institutions to identify and engage students, elevating the student experience through mission-critical transactions. Transact is based in Scottsdale, Arizona.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-13 Hangry Solutions

Toronto, Ontario, Canada

Hangry Solutions is a mobile ordering platform built for higher education institutions that delivers an exceptional on-campus experience for the most important campus asset students. Hangry Solutions was founded in 2012 and is based in Toronto, Ontario.

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Seller(S) 1

SELLER

MM Hayes

Albany, New York, United States

Category Company
Founded 1971
Sector Software
DESCRIPTION

MM Hayes is a software company that provides comprehensive cashless payment solutions and workforce management tools to organizations. MM Hayes was founded in 1971 and is based in Albany, New York.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1