Tequity Inc. is pleased to announce the acquisition of their Retail POS client, Multipost Ltd., by ACCEO Solutions Inc. Tequity acted as the exclusive advisor to Multipost.
Multipost Ltd. is a Point-Of-Sale (POS) software solutions provider to small and mid-sized retailers across a variety of market sectors.
With this acquisition, ACCEO Solutions is expanding its product range by adding the full SmartVendor© suite of POS software, currently used by over 2,700 businesses in Canada and the United States. It will continue Multipost’s mission to provide retailers with reliable, user-friendly, and cost-effective software solutions, in addition to offering them new opportunities thanks to its expertise in the area of SMB e-business operations.
“We are very happy to be welcoming Multipost to ACCEO Solutions; it brings more than 30 years’ worth of experience in solutions which are highly complementary to those already offered by ACCEO,” says Gilles Létourneau, President and CEO of ACCEO Solutions. “The addition of Multipost’s solutions allows us to increase our retail sector expertise.”
“We are very enthusiastic about combining our expertise with that of a company of the calibre of ACCEO Solutions, and thus allowing our loyal clientele to benefit from new opportunities, in terms of the quality of both the products and the services they need to grow,” explains Harry Magerman, President and General Manager of Multipost.
Since 1980, Multipost has been specializing in point-of-sale terminal software for small and mid-sized retailers in a variety of specialized industries, including clothing, convenience stores, garden nurseries, and health food stores. For more information, please go to www.multipost.ca.
Leading Canadian IT company ACCEO Solutions specializes in the design, implementation, integration, and support of management software; e-business development; and payment, professional, and technical services. ACCEO Solutions, which is currently experiencing an active growth phase, boasts nearly 1,000 employees, approximately 60,000 clients, and annual revenues exceeding $100 million. For more information, please go to www.acceo.com.
Tequity provides M&A advisory services to Enterprise Software and Information Technology companies in the mid-market across North America and around the globe with a primary focus on strategic sales, mergers, and carve-outs. As business operations and growth specialists who have built companies, raised capital, and successfully exited, we bring real world experience to any M&A discussion.
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