Just Eat buys software provider Practi
The acquisition builds upon the delivery company’s acquisition of Flyt.
Just Eat announced that it has acquired Practi, a software service that trades in tablet-based Point of Sale (PoS) and restaurant management systems, for £6.7m, with further payments dependent on particular commercial milestones.
The food delivery company plans to roll out Practi's software to its restaurant partners, providing partners with PoS, payment handling, inventory management, kitchen operation and staff management systems if they do not already have a system in place.\
By incorporating the technology with their partners, the food delivery service says that it will assist in driving up orders and provide efficiency for partners.
“It will play a vital role in supporting small and medium sized restaurants as it transforms how they run their restaurants and deliver the best service for customers,” Just Eat's interim chief executive Peter Duffy said.
Practi founders Ohad and Edan Folman will join the Just Eat group as part of the deal.
The acquisition of Practi builds upon Just Eat's recent acquisition of Flyt, which helps connect restaurants with existing PoS systems to the Just Eat platform. By acquiring both companies, Just Eat is able to provide and connect restaurant partners’ PoS systems.
