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Versitech, Llc Announces The Recent Acquisition Of Ordyx, Pos

Dec 19, 2022•almost 3 years ago

Acquiring Company

VersiTech

Acquired Company

Ordyx POS

AtlantaSoftwareHospitality

Description

VersiTech, LLC, a dynamic leader in restaurant point-of-sale software and hardware technology, welcomes Ordyx POS, a vanguard in cloud-based, mobile point-of-sale solutions.

Company Information

Company

VersiTech

Location

Atlanta, Georgia, United States

About

At VersiTech, we specialize in crafting technology solutions that power the present and pave the way for the future. With distinct yet interconnected divisions in merchant processing and restaurant POS systems, we deliver an all-encompassing suite of services to help businesses grow. From facilitating seamless transactions with BOLD to transforming the point-of-sale experience with Tonic, our solutions are designed to meet the unique demands of your business. Grounded in a philosophy of constant innovation and enduring partnerships, VersiTech is not just a service provider - we're a strategic ally committed to your long-term success.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed