SOFTONE Group acquires Sunsoft

The leading provider of cloud-based business solutions enters the Ho.Re.Ca market

SOFTONE Group of Companies, the leading provider of cloud-based business software in Greece and SE Europe, announces the acquisition of 100% of the share capital of Sunsoft, a leader in the production of advanced IT systems for catering and hospitality businesses. This strategic investment signifies SOFTONE Group’s entry into one of the most vital sectors within the Greek economy, characterized by substantial growth potential.

This investment will enable SOFTONE Group to leverage the commercial opportunities arising from the strong growth prospects of Ho.Re.Ca and address the challenges associated with the sector’s digital transformation requirements. Sunsoft’s deep market knowledge expertise, combined with SOFTONE’s leading cloud technologies, form a range of technological and commercial synergies, laying the groundwork for a powerful offering that meets the industry’s growing demands, such as the integration of cash registers and POS, the electronic invoicing and automatic update of myDATA, the Digital Work Card, etc.

Referring to the new investment, the CEO of SOFTONE Group, Mr. Panos Martinis, stated: “I welcome Sunsoft to SOFTONE Group. The acquisition of one the leading companies in Ho.Re.Ca market, marks our entry into the most rapidly growing industry of the Greek economy. Focusing on powerful synergies, we are entering this field at a pivotal time, to drive the digital transformation of Ho.Re.Ca businesses across their functions, through integrated and fully optimized solutions, focusing on building and leveraging strong synergies.”

Sunsoft’s President Mrs. Mina Mimikou, stated: “We are excited to join the SOFTONE’s family.” This development is the culmination of our people’s commitment to achieving Sunsoft’s goals through the years. I am confident that, with the support of the largest business vendor in Greece, we will continue to offer comprehensive business software solutions to catering and hospitality businesses, enhancing their capability to provide high-quality services to their customers.”