Crunchtime Information Systems and QSR Automations Agree to Merge

CrunchTime! Acquires Zenput

June 23, 2022

Cloud & SaaS

CrunchTime! Information Systems has acquired Zenput, combining two complementary back-of-house restaurant technology platforms to deliver an integrated operations and food-safety solution for multi-unit restaurant operators. The combined organization is backed by Battery Ventures and aims to expand capabilities, improve operator efficiencies, and better address post-pandemic challenges like labor shortages and supply-chain disruptions.

Battery Ventures Makes Majority Growth Investment in QSR Automations

November 1, 2024

Software

Battery Ventures has made a majority growth investment in QSR Automations, a Louisville-based provider of restaurant technology solutions including its ConnectSmart platform. The investment will support product development, scale the business, and expand market reach while Battery partners join QSR Automations' board and a Battery executive will become CEO.

Tompkins Solutions and MSI Automate Announce Business Combination

March 11, 2025

IT Services

Tompkins Solutions and MSI Automate announced plans to merge to form a comprehensive end-to-end warehouse automation solutions provider. The combined company will retain the Tompkins Solutions brand and expand offerings across supply chain consulting, material handling/system integration, managed services, and warehouse software (WMS/WES/WCS). Grays Peak Capital and Valore Ventures are named as financial sponsors for the combined company.

Synteq Digital Acquires Crunchbits LLC

May 6, 2025

IT Services

Synteq Digital entered into a binding agreement to acquire Crunchbits LLC, an HPC infrastructure and services provider. The deal is intended to accelerate Synteq’s expansion into high-performance computing data center services by combining Synteq’s capital and global footprint with Crunchbits’ server rental offerings and existing data center operations.

PSG-Backed Merger of Meal Ticket and Trackmax

January 13, 2021

Software

Funds advised by PSG completed a majority investment to support a strategic merger between foodservice software providers Meal Ticket and Trackmax. The combined business will integrate complementary SaaS platforms—sales and lead-generation tools from Meal Ticket and contract/rebate management and BI from Trackmax—to expand data-driven solutions for distributors and manufacturers in the foodservice industry.

St. Cloud Capital and AIM Capital Back AIM QSR to Fund Acquisition of 55 Chicken QSR Restaurants

July 8, 2024

Restaurants & Hospitality

Los Angeles-based St. Cloud Capital has made a growth-capital investment in AIM QSR, LLC (branded TICE), a Miami-area franchisee of a leading chicken QSR brand, alongside AIM Capital and a consortium of family investors. The financing helped fund AIM QSR’s acquisition of 46 restaurants in Florida and 9 in Alabama as the company builds a regional multi-unit QSR platform.