San Francisco’s SpotOn Transact, a payments and software company, Wednesday announced it has acquired Detroit’s EmaginePOS. The acquisition will allow SpotOn to equip restaurants and bars nationwide with a point-of-sale solution. Details of the transaction were not disclosed.
The EmaginePOS platform is cloud-based and offers reporting capabilities, remote management, pay-at-the-table, and online ordering. Its services are expected to lead to improved efficiency and profitability for fine dining and quick-serve restaurants, bars, nightclubs, chains and franchises, and other businesses offering online ordering, takeout, delivery, and order ahead.
“Since our founding, we have been committed to redefining merchant services and providing best-in-class software for our clients,” says RJ Horsley, president of SpotOn. “This acquisition represents the next evolution of that goal. As our 400-person national sales force continues to expand, we will be able to arm them with dedicated solutions for specific verticals. Having a leading POS platform for the food and beverage industry represents a large step in that direction.”
EmaginePOS was founded by Detroit-based entrepreneur Marshall Miller, and its clients collectively process about a billion dollars of business per year. As part of the acquisition, the sales, support, and development teams from EmaginePOS will join SpotOn, and SpotOn intends to use the transaction to expand its corporate presence in Detroit.
“The EmaginePOS team could not be more excited to join such a product-oriented company like SpotOn,” says Miller. “We’ve spent years developing a solution which we believe is the best in the food and beverage industry. By joining forces, not only will we be able to continue to innovate our product offering, but we’ll be able to get our product into the hands of merchants across the country through SpotOn’s national sales team.”
SpotOn brings together payment processing, customer engagement, and business management solutions, giving merchants richer data and tools that allow them to more effectively grow and run their businesses. SpotOn includes tools for small and medium businesses, including payments, marketing, reviews, analytics, loyalty, and scheduling.
