Software and Technology


Leading provider of dining and retail technologies for the workplace.

Transaction Overview

  • Represented Quickcharge, a division of M.M. Hayes Company, Inc, in the sale of the business to Transact, a portfolio company of Reverence Capital Partners.
  • Quickcharge is the leader in dining and retail technologies for the workplace, providing a comprehensive suite product offerings including cashless payment, point of sale, and mobile ordering.
  • Transact is the leader in innovative payment, campus ID and commerce solutions for campuses offering a variety of solutions including integrated solutions for tuition and other student expense payments, multipurpose campus IDs, and campus commerce.

Key Observations

  • The founders of Quickcharge decided to explore a sale of the division after owning and running the business for 25+ years.

Drivers of Interest

  • SaaS/recurring revenue model creating predictable, sticky revenue, and strong recurring free cash flow.
  • Competitive and growing position within the hospital, corporate, and K-12 markets.
  • Longstanding partnerships with key industry service partners.
  • Experienced management and software development team.
  • Growing customer base and significant momentum in new markets.
  • Tremendous addressable market opportunity.
  • Strong financial performance with exceptional EBITDA margins and robust growth momentum.
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Hennepin Partners LLC