M&A Deal Summary

Vivonet Acquires Syrus

On August 24, 2015, Vivonet acquired information technology company Syrus

Acquisition Highlights
  • This is Vivonet’s 1st transaction in the Information Technology sector.
  • This is Vivonet’s 1st transaction in the United States.
  • This is Vivonet’s 1st transaction in Ohio.

M&A Deal Summary

Date 2015-08-24
Target Syrus
Sector Information Technology
Buyer(s) Vivonet
Deal Type Add-on Acquisition

Target

Syrus

Columbus, Ohio, United States
website
Syrus Ltd. (Syrus Restaurant Information Services) is a provider of back office and above-store reporting tools and services for the restaurant industry.

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Buyer(S) 1

Buyer

Vivonet

Vancouver, British Columbia, Canada

website


Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

Vivonet, Inc. is a provider of cloud-based point of sale software and systems for small and mid-sized merchants. The company’s solutions allow single and multi-location operations to remotely manage complex workflows, order management and consumer interactions.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1