Reimann Investors sells stake in ready2order

Jul 6, 2023

2016 KG successfully sold 100% of its stake in the Austrian market leader for cloud-based POS systems. The buyer is the Zuchetti Group.

The Austrian market leader in cloud-based POS systems ready2order has acquired 100 per cent of the Italian IT market leader Zucchetti. Reimann Investors Management GmbH & Co. 2016 KG (2016 KG), the first venture capital fund set up by Reimann Investors, has sold its entire stake in ready2order GmbH and thus realised another successful exit.

2016 KG made its first investment in ready2order in September 2018. ready2order has specialised in the development of modular point-of-sale and payment applications for small businesses since 2015 and now counts over 10,000 companies in Germany and Austria among its customers. In recent years, the Viennese Fintech has already won over other investors with its innovative solutions. Most recently, the young company raised around five million euros in venture capital from us and Speedinvest in 2020. ready2order now employs almost 100 people at its headquarters in Vienna and throughout Europe.

Eight years after its foundation, the Viennese flagship company now wants to continue its successful growth and expansion course with a long-term and financially strong partner. ready2order will remain an independent company. The two co-founders Markus Bernhart and Christopher Fuchs will continue to lead the company, consistently develop the innovative products and solutions and sustainably expand the location in Austria.

With more than 8,000 employees, an international sales network of more than 2,000 partners and over 700,000 customers, the Zucchetti Group is one of the most important Italian IT companies in Europe. With the 100 per cent acquisition of ready2order, the Group is expanding its portfolio with an innovative, cloud-based checkout and payment system for entrepreneurs in the SME environment. The ready2order solutions make it easier for small companies in Europe to order, pay and manage.

Translated with (free version)