Buyers Edge Platform’s Post

It was great to chat with Elias Chavez from Boston Business Journal about M33 Growth's strategy and huge congrats to Will Collins and his team at BFC Software on the acquisition of Somerville-based Herlitz, which specializes in food industry demand forecasting. This acquisition will enable BFC to offer a more comprehensive logistics and tracking product to its food distribution customers and will help them drive efficiency and improve profitability through cutting-edge technology. Here at M33 Growth, we are big believers that strategic acquisitions are a critical vector of growth for smaller software platforms. Our companies operate in tight vertical markets, where customer requirements are very tight and deep domain experience is critical. Often there are a myriad of smaller “point-solutions” that can be acquired and integrated into a core platform like BFC, which is a win-win for our customers, who are able to buy more product from a single vendor and benefit from an integrated offering. We work closely with our companies to execute acquisition strategies that enhance product offering, deepen the customer base and open up new market segments. BFC’s activity over the past year is a classic case study in our approach to driving growth with our teams. The company has doubled its revenue (and headcount) and Will Collins has built a tremendous management team that can drive both organic growth and acquisitions

Acquisition Opportunity 🔔! Well established food manufacturer and supplier to the Food Service Industry. Its brand is known for superior quality products, consistent and reliable customer service. As the first to market of its own branded and chef demanded products, it is considered a leader in this category. Highlights: Growth – The business has sustained its upward trajectory, with the trading income exhibiting a CAGR of ~21% from 2020 to 2024, and the gross profit CAGR ~24% in the same timeframe. Efficiencies – The income generated per Full-Time Equivalent (FTE) has more than doubled in the past two years, reflecting management’s dedication to operational streamlining. Customers – The business has strong penetration across the main larger customer groups, who buy all product lines, however there is potential to upsell and also cross-sell to smaller customer groups who only purchase from 1 or 2 of the 5 product lines, as well as growth into Supermarkets. Opportunity – Currently operating on a single shift, the business has the potential to increase revenue and EBITDA by as much as double and triple, respectively, with the initiation of a second shift. Financial Highlights: Draft estimate for FY24, Revenue of C. $13M and Ebitda of $2M This business would make a fantastic bolt-on to a Food Manufacturer already providing products to the Food Service and Grocery industry, or a stand alone business for a Family Office or Private Equity. If interested in this opportunity please message within, or via email at Enquiries@epadvisors.com.au For more opportunities like this, don’t forget to register as a buyer on our crm, and follow us at EP Advisors https://lnkd.in/gmQfCrF3 #Foodservice #Foodmanufacturer #Ingredients #Chefs #Liquidingredients #Foodsupplier #Businessforsale #Mergersandacquisitions #Acquire #Familybusiness

Restaurant Management Software Market is projected to reach at a CAGR of 16.8% by 2033 According to Regional Research Reports, the Global #Restaurant_Management_Software_Market size revenue was valued USD 5.3 billion in 2022 and reach USD 13.38 billion in 2033, at a CAGR of 16.8% during the forecast period of 2023-2033. A #restaurant_management_system (RMS) is a point of sale (#POS) system that can handle fundamental transactions, but also supports and benefits you and your #employees with other facets of running a #restaurant, like #marketing, online ordering, #loyalty, and more. Visit For More Information: https://lnkd.in/dJvTSVQq Software for restaurant management software requests includes in-depth analysis, macro and micro market trends, opportunities and scenarios, pricing analysis, and a thorough summary of the market's current conditions. In the long term, #market_research reports closely monitor the industry's top competitors. It is an expertly written and comprehensive document highlighting the report's key and secondary drivers, market share, #top_segments, and regional analysis. The research also examines key actors, significant partnerships, #mergers, #acquisitions, #current_innovations, and #corporate_practices. Major Players in Restaurant Management Software Market are: Bacon Breadcrumbs Brigade Group COMCASH Inc. Crunchtime Epicor HotSchedules Lavu Inc. MarketMana PeachWorks Schedulefly TOAST POST TouchBistro

PAR TECHNOLOGY EXPANDS GLOBAL REACH: Acquires TASK Group Holdings for $206M to strengthen foodservice technology offerings 🌏🍴 #PARRestaurantTech #TASKGroup #Acquisition #UnifiedCommerce #GlobalExpansion #LinkedIn #FoodserviceIndustry PAR Technology, a global leader in foodservice technology, has completed its acquisition of Australia-based TASK Group Holdings for a staggering $206 million. This strategic move will enable PAR to expand its presence in the international market and strengthen its unified commerce solutions for enterprise restaurants and other foodservice outlets. With this acquisition, PAR is poised to continue driving innovation in the dynamic foodservice industry.

Lots of news in the grocery competition law space today!   In NZ, we have the decline of the Foodstuffs North Island and South Island merger. See our post on this here: https://lnkd.in/g8SXASFQ   Alongside this, it was also announced today that Australia’s competition regulator (the Australian Competition and Consumer Commission) will be given a further $30 million, enabling the ACCC to “conduct more investigations and enforcement in the supermarket and retail sectors.”    ACCC Chair Gina Cass-Gottlieb has noted that the funding will allow the ACCC “to escalate a range of investigations in this sector, including in relation to potential misleading pricing claims or practices, claims about delivery timeframes and costs including for regional and remote Australians, and businesses misrepresenting consumers’ rights under the Australian Consumer Law”.    The media release by Australia’s Prime Minister and Treasurer is available here: https://lnkd.in/gkaV8iQX The ACCC’s media release is available here: https://lnkd.in/g5cwVwPH

Today, the Commerce Commission has declined to grant clearance for Foodstuffs North Island Limited and Foodstuffs South Island to merge into a “single national grocery entity”. This was because the Commission was not satisfied that this merger would not substantially lessen competition in one or more markets in New Zealand. This followed a 149-page Statement of Unresolved Issues published by the Commission in July. In particular, the Commission was concerned the merger would:   - Lead to an increase in buyer power – negatively impacting suppliers   - Decrease the ability of grocery retailers to compete and grow - Make it easier for the merged entity and Woolworths to coordinate on prices This is the first merger the Commerce Commission has declined based on buyer power / demand side concerns. Matthews Law supported NZFGC with its submissions on the proposed merger. A version of the Commission’s reasons for the decision will be published by 23 October 2024. The Commission's media release is available here: https://lnkd.in/dJRFmdNi

The 50 fastest-growing emerging concepts expanded their sales by a median of 35% year-over-year (in 2022). This growth rate has remained consistent through the years for fast-growing concepts with sales between $20m-$60m. The competition between these fast-growing concepts and large established chains resembles a lot of competition between an oil tanker and a speed boat. Through our consulting work we’ve seen that there are different pains of growing at different sizes and some patterns repeat across categories and segments. Whether establishing a franchising system to go from 20 to 200 units or thinking of going public at 500+ units, operational excellence, retooling of systems, bringing up standards and SOPs to top-tier performance is what is feeding a cycle of same-store sales and enterprise value growth. #restaurants #strategy #growth

The proposed merger between Foodstuffs North Island Limited and Foodstuffs South Island has been blocked by the Commerce Commission, which believes the deal would impact competition within the industry. #fmcg #insidefmcg #business #brand #commerce #commission #deal #matchup

Romania’s competition authority has given the green light for the acquisition of three Romanian meat products retailers —Almado Total Distribution, Cathedral Distribution, and Policalita — by local meat processing company Abatorul Peris... #meatindustry #antitrustlaw #competitionlaw #antitrust #acquisition #retailers

Buyside clients to identify platform and add-on acquisition opportunities. The client focuses on durable, growing businesses, favoring management teams for equity rollover. The client shows strong experience in value-added distribution, food & beverage value chain, and business/consumer services. Their criteria are as follows: Size: Targeting platform investments with $5-30M EBITDA and checks from $50M-$125M Location: North America, Canada, and Western Europe Transaction Types: Focused on Control Buyouts / Majority Recapitalizations Within value-added distribution, food & beverage value chain, and business/consumer services, the client is actively seeking complementary acquisitions in the following sub-verticals: -Field Based Services -Auto-Aftermarkets -Route-based Service Providers -Lab Products Distribution/Manufacturing -Franchisor-led Business Models -Specialized Manufacturing -Tech/tech-Enabled Services Email: Jluna@vrsanantonio.com Office: 210-966-4104