Zii acquires POS platform Suntech Australia
Updated: Feb 24
Zii is proud to announce that we have finalised the acquisition of Melbourne-based point-of-sale (POS) platform Suntech Enterprises Australia. Since entering the market in 2019, Zii has been rapidly growing their customer base and evolving their technology stack which in addition to POS, now includes bookings, online ordering, customer loyalty, integrated payments, and inventory management.
With the acquisition of Suntech, a broader customer segment is now within reach. We see it as a strategic acquisition, as there are a lot of complimentary aspects of our businesses that really create a one plus one equals three situation. It will increase our effectiveness and reach in what is a very crowded marketplace, both locally and internationally.
A key drawcard for the acquisition was Suntech’s prominence in the food and beverage retailing sector, including catering, bakeries, supermarkets, convenience stores and multi-site chain stores.
The acquisition brings Zii’s total number of venues close to 12,000 nationally with a diverse mix of single-site and blue-chip retail and hospitality.
Stay tuned for further announcements.
The team at Zii.