— Acquisition marks ShopKeep’s second of the year and points to its continued expansion —
— Also created for merchants, by merchants, Ambur’s and ShopKeep’s founding stories
and principles are aligned —
NEW YORK – SEPTEMBER 18, 2015 – ShopKeep, the cloud-based technology and business management solution for independent merchants, today announced its acquisition of Ambur, an iPad and iPhone point of sale system for more than 1,500 restaurants. Founded by former restaurateurs Ansar Khan and James O’Leary, Ambur provides a feature-rich set of options specifically designed for full-service, quick-service and fast casual restaurants, as well as bars and food trucks. Khan has already joined ShopKeep’s business development team, and the acquisition brings the rapidly growing company’s merchant base to more than 20,000.
“Ambur provides an excellent point of sale app that was created by a restaurant owner, for restaurant owners.” said Norm Merritt, ShopKeep’s President and CEO. “This acquisition allows ShopKeep to further our reach into the restaurant industry and expand our overall market share amongst independent merchants.”
With the acquisition news, ShopKeep is continuing its rapid momentum. The company recently announced the addition of a new CFO, $60M in fundraising, international expansion and partnerships with MasterCard and Heartland. Earlier this year, ShopKeep acquired Payment Revolution and began offering customized payment processing as an option to its merchants.
Everything ShopKeep does is about supporting growing and independent businesses. Founded by a successful business owner who had a point of sale system that was not meeting his needs, ShopKeep provides an intuitive, secure, iPad-based point-of-sale system. ShopKeep empowers growing business owners to run smarter businesses by optimizing staffing, regulating inventory and accessing sales reports and customer information on one seamless, cloud-based platform. ShopKeep already has more than 20,000 storefronts in the United States and Canada. Business owners can set-up their registers in minutes, accept cash and credit cards with their choice of processor, view real-time sales on their smartphone and easily track inventory and staff. Most importantly, ShopKeep’s award-winning customer care team is available to help 24/7 and provide a robust support network for growing business owners. ShopKeep was founded in 2008 and is headquartered in New York. Follow @ShopKeep on Twitter, join the discussion on the ShopKeep blog or visit www.shopkeep.com to learn more.