Restaurant365, an Irvine, CA-based provider of a restaurant enterprise management platform, acquired ExpandShare, a Fairlawn, Ohio-based provider of a proprietary learning management system built for restaurants.
The amount of the deal was not disclosed.
ExpandShare’s team and technology will join Restaurant365.
Founded in 2012 by Eric Harsh, ExpandShare provides a mobile platform that saves managers time by making resources available to staff at the right place and time. With an AI-driven course builder, a marketplace of ready-to-use industry courses and templates, and multi-language support capabilities, leaders can quickly build custom learning paths and translate them into more than 80 languages. The system integrates with more than 70 restaurant technology providers and is used by hospitality brands nationwide, including U.S. Foods, Starbird, Newk’s Eatery, and Marco’s Pizza. Its interface, automations, and content libraries simplify training, empowering employees to enhance brand experience, boost sales, and scale location count.
Led by CEO Tony Smith, Restaurant365 provides a cloud-based accounting, inventory, scheduling, payroll, and HR solution developed specifically for restaurants. Its management software simplifies day-to-day management for operators, allowing them to control food costs and optimize labor. Integrations and open APIs enable the company to connect with other systems, including POS providers, vendors, and banks.
ExpandShare is the latest of several innovations to join Restaurant365’s all-in-one platform over the previous 12 months. Others include tip automation, restaurant intelligence dashboards, and Capture AI, which brings the power of machine learning to invoice management.
FinSMEs
09/04/2024