News Briefs

GRUBBRR is putting its money where its tech is with its GRUBBRR Guarantee.

The provider of self-ordering technology and automation solutions is offering a guarantee on the return on investment (ROI) of its solutions. GRUBBRR is so confident in the power of its technology to deliver positive results that it's willing to back it up with a guarantee: Sign up for GRUBBRR’s services before May 1, and the company will GUARANTEE an ROI. During any month in which GRUBBRR's solutions do not generate an ROI, your Software-as-a-Service (SaaS) fee for that month will be waived.

How It Works

• Sign-Up Deadline: Register for GRUBBRR's services by May 1, to qualify for the guarantee.
• Guarantee Activation: The GRUBBRR Guarantee takes effect after your first three (3) months of service.
• Guaranteed ROI: If GRUBBRR does not generate an ROI during any month, your SaaS fee for that month will be waived.
• Client Requirements: To ensure the success of this initiative, participating clients must share their POS data weekly and implement GRUBBRR’s proven playbook.

“At GRUBBRR, we believe in the transformative impact our technology can have on our clients' businesses,” said Sam Zietz, CEO of GRUBBRR. “Our Guarantee spotlights our confidence in our software as well as our commitment to delivering real results for clients. Our technology is designed to optimize business operations, and our teams are dedicated to ensuring success. We have proven that we have what it takes to help businesses with smoother transactions, while improving the speed of service and customer satisfaction.”

Driving Confidence in Restaurant Technology

The GRUBBRR Guarantee highlights the company's dedication to creating real value for its customers. GRUBBRR's self-ordering kiosks and automation solutions are designed to streamline operations, reduce wait times, increase order accuracy, and ultimately drive higher revenue for businesses in the restaurant industry.

By offering this guarantee, GRUBBRR aims to eliminate the risk for businesses looking to adopt new technology while providing the tools they need to enhance operational efficiency and boost profitability.

While GRUBBRR’s solutions are compatible with a variety of hardware, the Samsung Kiosk stands out as a cutting-edge, all-in-one self-ordering solution. Featuring a 24” high-definition touch screen, QR code/barcode scanner, receipt printer, and an EMV terminal cradle, the Samsung Kiosk powered by GRUBBRR offers a seamless integration of functionality and design, enhancing the customer experience while driving operational efficiency. This collaboration reflects GRUBBRR’s commitment to delivering premium solutions that exceed client expectations.

To learn more about GRUBBRR and their Guarantee, visit GRUBBRR.com.

Shift4 has acquired a majority stake in Vectron Systems AG, a European suppliers of point-of-sale (POS) systems to the restaurant and hospitality verticals. 

Based in Germany, Vectron has 65,000 POS locations across Europe, representing. Shift4 is expected to acquire additional ownership of Vectron through a public tender offer that is expected to conclude within the next month, with a de-listing and formal integration process to occur shortly thereafter.

The acquisition is expected to provide Shift4 with an expansive customer footprint across Europe as well as a distribution network of ~300 POS resellers. As a result of the acquisition, Shift4 believes it will be able to add its integrated payment services to current Vectron customers and products, while also empowering the sales force with a compelling all-in-one POS and payments solution unrivaled in Europe.

“Shift4 was at the forefront of the convergence between software and payments in the restaurant and hospitality verticals in the US. We see an incredible amount of demand for a similar all-in-one solution across Europe,” states Shift4 CEO Jared Isaacman. “With our integrated payments and SkyTab offering, we believe we have the best solution at the right price point. Vectron will provide valuable local expertise, infrastructure, and the distribution necessary to meet the demand. This acquisition is right out of the Shift4 playbook – enabling us to unlock synergies, expand our distribution, and monetize payments for a large existing install base.”

Completes Revel Systems Acquistion

In addition to the acquisition of Vectron, Shift4 has also completed its previously announced acquisition of Revel Systems. Revel has over 18,000 merchant locations across the United States and internationally which Shift4 estimates represents a $17B+ payment opportunity. Revel also has a direct sales and dealer distribution network which Shift4 believes can be leveraged to accelerate SkyTab distribution both domestically and abroad. 

Shift4 has signed a definitive arrangement agreement to acquire Givex Corp., a global provider of gift cards, loyalty programs and point-of-sale solutions. 

The Arrangement Agreement is subject to customary closing conditions and the transaction is expected to be completed in the fourth quarter of this year. 

With across more than 100 countries, Givex serves a wide range of businesses in various industries, including 7-Eleven, Wendy’s, Best Western, Texas Roadhouse. 

The company offers robust gift card and e-gift solutions as well as customizable loyalty programs, and a point-of-sale (POS) system for various business types, among other value-added services.

 “Givex has a considerable footprint around the world which will dramatically increase Shift4’s overall customer base,” states Shift4 President Taylor Lauber. “At the same time, their gift card and loyalty solutions are second to none and will add significant value for our current customers, creating stickier relationships andh 130,000+ active locations enhancing our overall value proposition. Similar to other deals we have recently completed, this acquisition aligns perfectly with how we like to deploy capital – adding blue-chip merchants at a low customer acquisition cost while delivering additional benefits to our customer base.” 

“The Givex team looks forward to joining the Shift4 family and bring our enterprise gift card capabilities and loyalty programs to hundreds of thousands of new customers,” says Don Gray, CEO of Givex. “By combining Shift4’s end-to-end payment solution with our value-added engagement services, we can deliver an unparalleled package to both of our customer bases.”  

XTM, a fintech innovator specializing in payment solutions for the hospitality industry, reports a surge in inbound interest for its AnyDay™ Earned Wage Access (EWA) platform and instant tip-out calculator solution. This interest follows President Trump’s recent commitment to eliminate taxes on tips, a policy that could significantly impact the hospitality sector.

Currently, XTM moves hundreds of millions of dollars in instant payments annually for restaurants, hotels, casinos, salons, and golf clubs across the U.S. and Canada. Its fully owned and SAP-certified issuing processor, combined with AnyDay’s real-time gratuity and Earned Wage Access technology, delivers a reliable, safe and seamless payment solution that thousands of hospitality businesses and workers rely on daily.

Speaking at a Las Vegas casino, President Trump reaffirmed his commitment to tax relief for service industry workers.

“If you’re a restaurant worker, a server, a valet, a bellhop, a bartender, or one of my caddies, your tips will be 100% yours. In the coming weeks, I’ll be working with Congress to get a bill on my desk that cuts taxes for workers, families, and small businesses—and, very importantly, keeps my promise,” said Trump. “We’re gonna get it for you—no tax on tips.”

The policy change would mean employers are no longer required to withhold taxes on tips, removing a major administrative burden. XTM’s AnyDay™ platform offers a ready-made solution for businesses seeking to transition to a daily, tax-free tip payout system. With real-time tip pooling and instant payments, AnyDay™ enables employers to enhance recruitment and retention by ensuring service workers receive their tips instantly, at the end of each shift.

According to the U.S. Bureau of Labor Statistics, as of December 2023, 16.82 million people were employed in the U.S. hospitality and leisure industry. Median pay for full-service restaurant workers had risen to $23.88 per hour (including tips and base wages) by September 2024, reflecting a 28% increase since January 2020 (Source: ADP Research).

Toast has signed an agreement with Ascent Hospitality Management to implement Toast Enterprise Solutions at Perkins American Food Co. and Huddle House initially across 500 restaurant locations. In addition to Toast point-of-sale (POS) terminals, both Perkins and Huddle House will use Toast Go mobile handheld devices, KDS, and Toast’s Restaurant Management Suite Enterprise.

Ascent Hospitality Management is focused on invigorating leading brands and positioning them for the future. To help support the company’s plans for Perkins and Huddle House to enhance operational efficiency, strengthen the guest dining experience, and continue to grow, Ascent sought a modern cloud-based technology partner that could be easily implemented and managed across brands. Ascent also sought an easy-to-use platform that could scale and support future innovation for corporate users, franchisees, and restaurant staff.

“Perkins and Huddle House are proven, full-service brands with rich histories and loyal guest followings. To ensure we are well-positioned to grow for years to come, we need to increase operational efficiency — while maintaining the tradition of quality and service our guests expect from our brands,” said Steve Roach, Chief Technology Officer at Ascent Hospitality Management. “From the start, the Toast team showed their excitement for our vision and demonstrated they could help us achieve it. Our first Perkins location on Toast went live last fall and we are delighted to see more of our restaurants make the transition.”

“We all love the restaurant brands that provide us the same high quality, consistent, welcoming service and meals time and time again. The restaurants that truly stand the test of time are constantly raising the bar for themselves and making improvements in the background, whether it’s adjusting the menu, adapting how they provide hospitality, or what tech partners they use,” said Kelly Esten, Chief Marketing Officer at Toast. “Toast is delighted to partner with Perkins and Huddle House as they plan for a bright future of serving their many loyal guests for years to come.”

Toast currently serves hundreds of multi-unit brands, including Caribou Coffee, Choice Hotels, Craveworthy Brands, WaBa Grill, Nothing Bundt Cakes, Papa Gino's & D'Angelo, Costa Vida Fresh Mexican Grill, and The Human Bean, among others

EVPassport, a provider of enterprise EV charging solutions, and CBRE, the world’s largest commercial real estate services and investment firm, today announced an agreement to provide EV charging solutions, with a focus on multifamily and hospitality properties in North America. Under the agreement, CBRE will support the deployment of over 3,600 EV chargers across more than 600 strategic sites in the United States. This collaboration will enable property owners and operators to provide frictionless charging to residents and tenants.

EV charging continues to be important to real estate end-users. According to CBRE’s 2024 Occupier Sentiment Survey, 54 percent of respondents named EV charging as a key priority in building selection decisions. EVPassport's infrastructure engagement platform will enhance CBRE's existing portfolio of EV charging solutions, and help meet the demand from property managers, owners and occupiers across the nation.

“CBRE and EVPassport share a vision and commitment to high-quality solutions and long-term reliability,” said Robert Rene, Executive Operating Chairman at EVPassport. “We’re delighted to work with CBRE and provide its clients with top-tier EV charging solutions. The EVPassport and CBRE partnership is another exciting step toward expanded EV charging accessibility across the U.S.”

“We are on a mission to deliver a best-in-class EV charging experience to our customers. EVPassport has a strong reputation for its advanced technology and long-term reliability and is fully supported by its institutional capital partner,” said Mark Kerstens, Global Head of EV Charging Solutions at CBRE. “EVPassport’s expertise and commitment to excellence will enable us to meet the growing demand for EV charging infrastructure nationwide.”

EVPassport provides end-to-end EV charging solutions for both enterprise and commercial businesses. The company utilizes an innovative business model that allows customers to choose how to deploy their EV charging infrastructure, whether as an infrastructure-as-a-service (IaaS) model or a more traditional capital expense and support partnership. This contractual flexibility is paired with an advanced technology platform that prioritizes high-quality, long-term reliability and dedicated customer support.

To learn more about EVPassport, please visit us here. If you’d like to have your property or parking facility evaluated to host EV charging, please visit CBRE here.