Marlin Equity Partners has acquired Vivonet, a cloud-based point-of-sale software and systems provider to the food services sector.
Vivonet’s products and services allow single and multi-location operations to remotely manage workflows, order management and consumer interactions. Vivonet’s more than 1,000 customers include contract foodservice operators, limited service restaurants, table service restaurants and retail operators. The company’s flagship product Halo is used for sales and loyalty management, sales analytics and enterprise management. Vivonet is based in Burnaby, British Columbia (www.vivonet.com).
Marlin Equity Partners invests in businesses that have revenues of $20 million to $1 billion and that that are in the process of undergoing varying degrees of operational, financial or market-driven change. Sectors of interest include technology, healthcare, consumer products and services, business services, manufacturing, aerospace & defense, distribution & logistics, and media. The firm has more than $1 billion of capital under management and is headquartered in Los Angeles with an additional office in London (www.marlinequity.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 2-15-13