XPIENT offers integrated cloud-based human resources, staffing and scheduling, food cost control and inventory and supply management solutions.
November 10, 2014
Heartland Payment Systems has acquired foodservice industry enterprise-level POS software provider, XPIENT Solutions.
XPIENT provides POS technology to 11 quick-service and fast casual restaurant brands, including Taco Bell, Jack in the Box, Panera Bread and Panda Express. XPIENT is installed in 25,000 locations and processes $15 billion in credit/debit card payments annually.
"Heartland acts as a trusted advisor to our restaurant customers to help them enjoy technology-enabled growth,” said Heartland Chairman and CEO Bob Carr in a company press release. “Integrating XPIENT into the Heartland organization allows us to bring the benefits of a sophisticated system for large operators to our small and mid-sized restaurant customers. This integration allows them to better manage many more aspects of their business through XPIENT solutions’ powerful capabilities while experiencing the quality customer service Heartland is known for as a hospitality industry leader."
XPIENT also offers integrated cloud-based human resources, staffing and scheduling, food cost control and inventory and supply management solutions.
"We have historically competed against large companies like Micros, now owned by Oracle, and Radiant, now NCR. The Heartland acquisition of XPIENT brings with it the stability of a large, public company and a product-focused mindset that will enable XPIENT to emphasize product development and technology advancement," said XPIENT CEO Christopher Sebes in the release. "Now, our employees will have the opportunity to grow as members of this larger company, and Heartland and XPIENT customers will benefit from the new lines of business we will be introducing to them."
The XPIENT leadership team will remain intact. Heartland previously announced the XPIENT acquisition on a quarterly earnings conference call on Nov. 1.