Givex® Acquires POS Canada in Strategic Move to Rapidly Expand Vexilor™ Point-of-Sale Platform
TORONTO, ON – August 3, 2017 – Givex®, the global cloud-based customer engagement solution provider that integrates point-of-sale (POS) innovation with best-in-class loyalty and gift card options, has completed the acquisition of POS Canada, a leading full service POS hardware and software provider to the high-end corporate hospitality and retail sectors. The acquisition, finalized on July 31, 2017, will now provide POS Canada’s robust client base with access to Givex’s Vexilor™ POS system. Vexilor’s advanced Omni-channel platform serves as an end-to-end business management system for the restaurant and hospitality sectors.
POS Canada has more than 20 years of experience in the hospitality and retail POS solutions industry with dealers in each primary Canadian market anchored by a 24/7 call centre in Mississauga. The acquisition provides the perfect opportunity for Givex to further expand its development and support services on a national level for its rapidly growing POS solution.
Givex was founded in 1999 and the brand quickly became a pioneer in online gift card, loyalty solutions and POS. With clients in 55 countries, Givex provides a tightly integrated management solution through its Vexilor POS platform, which includes Kitchen Display Systems, Resource Management, Inventory Control and Tiqer™ Tableside Ordering. This comprehensive approach has shifted the industry’s thinking on what is possible through a POS system. Now, with the acquisition of POS Canada’s established technology support services and widespread dealer network, Givex will provide customers across Canada and the U.S. with a scalable, end-to-end business management solution, focused on streamlining operations.
“This is a win-win for both Givex and POS Canada,” said Bruce Henderson, President of POS Canada. “By combining Vexilor’s fully customizable, integrated point-of-sale system with POS Canada’s far-reaching sales and support arm, we will be able to rapidly meet the growing merchant demand for a truly all-inclusive POS solution.”
“By utilizing nearly two decades of gift card and loyalty experience, Givex has created a unique suite of management solutions that boost efficiency in operations and give brands the data they need to make better decisions,” said Don Gray, CEO of Givex. “By combining that innovative approach with POS Canada’s established customer base and service solutions, Givex stands poised to better serve customers across North America and help to boost their bottom line.”
Givex is a global cloud-based restaurant and retail management solution designed to streamline operational efficiencies and generate valuable and actionable customer data. Founded in 1999, Givex now offers a fully integrated suite of customizable products, including gift cards, loyalty, Vexilor™ point-of-sale (POS) system, Tiqer™ Tableside Ordering and Rx Analytics. Givex’s Uptix™ ticketing solution transforms traditional sports or event tickets into a mobile interactive platform, providing event managers with new insights into their customer base and the ability to elevate the fan experience. With more than 16 billion transactions conducted across more than 55 countries, Givex is at the forefront of how brands will compete for customers now and in the future.