Ponterra Team Closes Fifth Transaction in Restaurant/Foodservice Tech Space
WASHINGTON, D.C., April 27, 2015 /PRNewswire/ — Ponterra Business Advisors (“Ponterra”), a specialty retail, foodservice, hospitality, and travel technology investment bank, advised Compeat Restaurant Management Systems (“Compeat”) and its shareholders during a recent strategic investment.
Compeat, of Austin, TX, closed its transaction with Serent Capital, a San Francisco-based private equity firm. Compeat is a leading provider of inventory management, workforce management, and accounting software solutions to restaurants. Compeat’s technology enables restaurant operators to increase control, reduce costs, provide new insight, and improve efficiency. More than 3,000 restaurants rely on Compeat’s system for end-to-end restaurant management.
“Serent’s investment gives the specialty restaurant software developer and provider access to a financial partner to accelerate the company’s growth and a strategic partner to help take the company to the next level,” said John Rovani, Managing Partner of Ponterra.
“At Compeat, we pride ourselves on delivering a comprehensive, best-in-class restaurant management solution to our customers,” said Harry Barkerding, Founder and CEO of Compeat. “Ponterra helped us find the most attractive investor who shared our vision for building a business that maintains our relentless focus on our customers’ operational success.”
Ponterra is a highly specialized investment bank with deep sector knowledge, global contacts, and proven deal track record. Ponterra offers in-depth global insight in sector trends and valuations. More than 70 percent of the Ponterra team’s deals have involved at least one international M&A partner, providing enhanced value to its clients and partners.
Headquartered in the Washington, D.C. area with representation in San Juan, Puerto Rico and Berlin, Germany, Ponterra Business Advisors is an independent, strategic business and mergers & acquisitions advisory firm with a unique focus on the global travel, hospitality, retail and foodservice technology and services sectors. More than 70 percent of the Ponterra team’s deals have involved at least one international M&A partner. The firm focus is business mentoring, strategic advice, exit planning and preparation, as well as mergers and acquisitions advisory solutions for middle market entrepreneurs, business owners, family offices, and private equity groups and strategic companies. Ponterra Business Advisors’ leadership has been engaged in specialty transactions in these industry sectors since 2002. Ponterra deal team members are registered representatives of and securities are offered through StillPoint Capital, LLC, member, Financial Industry Regulatory Agency and Securities Investor Protection Corporation.