Epos Now, a cloud-based point of sale solutions provider (POS solutions provider), has agreed to acquire Australian POS provider Epos Systems in a move to expand into the Asia-Pacific region.
Financial terms of the deal were not revealed.
Epos Systems serves the retail and hospitality sectors with its cloud-based POS system.
According to the UK-based Epos Now, the new partnership with the Epos Systems will strengthen its existing team with world class talent to support its increasing customer base in the Australian, New Zealand and Asian markets.
Furthermore, the acquisition will also give Epos Now access to potential new customers that demand the tools and technology offered by the Epos Now platform to compete and succeed against giants in competitive markets.
Jacyn Heavens – CEO of Epos Now said: “We have been working with Epos Systems in Australia for a few years and have been incredibly impressed with the knowledge and skills of the people within the business.
“Our values and ethos are extremely well aligned; the team has an in depth understanding of our product and the market having created exceptional demand in the region for the Epos Now platform.”
Epos Now said that the acquisition will provide customers with domain knowledge, localized support, and increased, round-the-clock customer service. It will also bring new functionality, integrations, and partnerships to help Epos Now to achieve its target of building a truly outstanding global technology platform to facilitate customer success.
Nick Chadwick – Director of Epos Systems said: “The partnership just makes sense. Epos Now grants the opportunity for everyone to grow. Our team here carry fantastic skills and the career possibilities offered within a rapidly growing organisation like Epos Now are fantastic.
“The ease of deployment and stability of the product, coupled with the ability to offer localised support, grants our clients both here in Australia and overseas a virtually unparalleled offering.”
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