Business:

Power Epos

Sector:

Tech / Payment Solutions

Investment Type:

Debt & Equity

Investment Goal:

Income & Capital Growth

Business Overview

Power EPOS Systems sell point of sale (POS) and back office solutions to the UK Hospitality sector, including pubs, clubs, quick service, canteens, cafes, fine dining restaurants, theatres, golf courses, hotels, stadiums and pubs & clubs.

With over 30 years of industry pedigree and track record, the business was purchased by The Matt Haycox Group in September 2022 with a plan to stabilise post-covid and rebuild the business on a SASS (software as a service) model.

Key pillars of the business are a strong commitment to customer support, engineering excellence, and fast response to market needs and customer-specific requirements.

In an industry that sees new entrants focussing heavily on price and single-unit clients.

Power EPOS has built a loyal customer base of small groups and larger estates who seek service and quality over price, providing a high-margin, recurring revenue business model.

With a core base of long-serving staff, the team has been strengthened with key hires in senior positions including a managing director with over 30 years of industry experience and a sales director with an enviable network of relevant, potential clients.

With a bespoke tech stack, the business is built on both direct sales as well as partners and resellers, and the strong UK foothold is being expanded into Europe and the Middle East. With a client base that includes household names such as Everyone Active, Hand Picked Hotels, Searcys, and Goals Soccer Centres, the business is aiming for an exit within 3 to 5 years with a likely enterprise value in excess of 20 million.