Ponterra Team Closes Fifth Transaction in Foodservice Technology Space

  • Ponterra Business Advisors
  • 04.28.15
Ponterra Business Advisors, a specialty retail, foodservice, hospitality and travel technology investment bank, advised Compeat Restaurant Management Systems and its shareholders during a recent strategic investment.

Compeat, of Austin, Texas, 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.

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