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Restaurant365 finalizes acquisition of ExpandShare to enhance employee training and guest experiences

PRIVATEApr 09, 2024

Acquiring Company

Restaurant365

Acquired Company

ExpandShare

IrvineAkronSoftwareHospitalitySaaSSoftwareTraining

Description

Restaurant365, the leading all-in-one restaurant enterprise management platform, has completed the acquisition of ExpandShare, a proprietary learning management system specifically built for restaurants. This acquisition will enable Restaurant365 to offer best-in-class training to the 40,000 locations it serves and integrate and streamline restaurant workforce management alongside accounting and store operations on a single platform.

Quick answer

Restaurant365 is acquiring ExpandShare, announced April 9, 2024. Restaurant365 is based in Irvine, California, United States.

How much did Restaurant365 pay for ExpandShare?
The deal value was not disclosed.
What does Restaurant365 do?
Restaurant365 is the industry's leading all-in-one, cloud-based accounting, operations, workforce, and intelligence solution developed specifically for restaurants.
Where are Restaurant365 and ExpandShare based?
Restaurant365 is based in Irvine, California, United States. ExpandShare is based in Akron, Ohio, United States.
Who are the decision-makers at Restaurant365?
Fundz holds 2 contacts at Restaurant365. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Restaurant365

Location

Irvine, California, United States

About

Restaurant365 is the industry's leading all-in-one, cloud-based accounting, operations, workforce, and intelligence solution developed specifically for restaurants. Our restaurant enterprise management software simplifies day-to-day management for operators, allowing them to control food costs and optimize labor. Integrations and open APIs enable Restaurant365 to connect with other systems, including POS providers, vendors, and banks. The result is accurate, timely reporting that provides a clear and complete view of their businesses.

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Frequently asked

Who acquired ExpandShare?

ExpandShare was acquired by Restaurant365, based in Irvine. The deal was reported on April 9, 2024. Restaurant365 is the industry's leading all-in-one, cloud-based accounting, operations, workforce, and intelligence solution developed specifically for restaurants. Restaurant365 is privately held and operates in Software.

When did Restaurant365 acquire ExpandShare?

Restaurant365's acquisition of ExpandShare was reported on April 9, 2024. Restaurant365, the leading all-in-one restaurant enterprise management platform, has completed the acquisition of ExpandShare, a proprietary learning management system specifically built for restaurants. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ExpandShare do?

ExpandShare is a cloud-based, mobile app designed to address the unique challenges restaurants face training employees, tracking operations, and maintaining brand consistency across concepts, locations, and franchisees. It is privately held, operating in Software, and is based in Akron.

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