Toronto, November 22, 2024 – Volanté Systems (“Volanté”), a leading provider of cloud-based software solutions for the food service industry, is pleased to announce its acquisition by CORA Group (“CORA”), a global leader in strategic acquisitions of software companies. This partnership will significantly accelerate Volanté’s growth, strengthen its portfolio of innovative technology solutions, and reinforce its leadership in the food service sector.
Under the terms of the agreement, Volanté will continue to operate as a standalone brand, with CEO Sunil Selby remaining in his current role. Volanté will now join the CORA portfolio, enhancing CORA’s established expertise in the food service industry. This acquisition will provide Volanté with the resources and support to drive greater innovation, broaden its reach, and deliver more powerful, scalable solutions to its expanding customer base.
Sunil Selby, CEO of Volanté, expressed excitement about the partnership, stating, “Since Volanté’s inception, our goal has been to transform how food service businesses manage their operations through innovative technology. By partnering with CORA, we are excited to take Volanté to the next level, providing our clients with even more robust and scalable solutions.” He added, “CORA’s proven expertise in scaling software companies makes them an ideal partner for us. This acquisition will enable Volanté to expand its reach, innovate faster, and continue delivering best-in-class software to our clients.”
Matt Otchet, CEO of CORA Group, shared his enthusiasm for the acquisition, stating, “We are thrilled to welcome Volanté Systems into the CORA Group family. Volanté’s industry expertise and innovative software align perfectly with our mission to grow and strengthen our technology offerings in the food service sector. This acquisition is a strategic step forward in our expansion, and we look forward to the continued success of Volanté as part of CORA.”
Software Equity Group (SEG) served as the exclusive advisor to Volanté on the transaction. Brad Weekes, Managing Director at SEG, commented, “It was a privilege to guide Volanté Systems through this process. Our extensive experience in healthcare SaaS and mission-critical, enterprise-grade business management systems enabled us to identify CORA as the ideal partner for Volanté’s next growth phase. We’re confident that, under CORA’s leadership, Volanté will continue delivering exceptional value, enhancing both front and back-office operations, and serving as a critical system of record for clients across these pivotal sectors.”
About CORA Group
CORA Group is a global organization focused on acquiring, strengthening, and growing independent software brands across a variety of industries. With over 30 brands in its portfolio, CORA operates in sectors such as construction, food service, debt collection, wine/spirits, moving/storage, loyalty, legal, and long-term care. CORA serves more than 50,000 customers in over 10 markets and is part of Jonas Software, a subsidiary of Constellation Software Inc., providing industry-leading enterprise software solutions and extensive support.
About Volanté Systems
Volanté Systems is a leading technology company specializing in comprehensive and scalable Point-of-Sale (POS) software solutions for the food service industry. Volanté offers cloud-based tools that streamline both front and back-office operations, helping businesses improve efficiency and enhance customer service.
Contact Information
For more information, please contact:
Shannon Moyes
Vice President of Sales and Marketing
shannon.moyes@volantesystems.com
https://www.volantesystems.com/