BDO Canada Advised On The Sale Of A Leading Global Provider Of Restaurant & Hospitality Technology Solutions

BDO Canada Transaction Advisory Services is pleased to announce that Payfacto Inc. (“Payfacto”) has acquired the issued and outstanding shares of Posera Ltd. (TSX: PAY) (Posera) in an all-cash transaction that was completed in January 2020.

Posera is a leading provider of restaurant and hospitality management software to global clients. Posera's full-service solutions include market-leader Maitre'D, order management system - Kitchen Display System, and SecureTablePay, a leading EMV compliant pay-at-the-table solution. Congratulations to both Posera and Payfacto on the successful transaction.

BDO Canada Transaction Advisory Services acted as exclusive financial advisor to Posera, assisting the company's Board and management through the entire divestiture process.

For any inquiries related to this transaction, please contact:

Pras Kayilasanathan, Director

Kiefer Weir, Vice President

Jason Carbell, Senior Associate

Learn more about BDO's Transaction Advisory Services.