The POS system covers the entire hospitality industry from cafes, bars and bakeries to fine dining, catering, canteens and franchise restaurant chains. Gastrofix is available in Germany, Austria, Switzerland, Netherlands, Norway, Ireland and USA and has sold more over 6,000 licenses. The new capital will be used to accelerate growth and strengthen the leading position in the cloud-based POS market.

The Osborne Clarke team that advised on the financing was led by Partner Nicolas Gabrysch who was assisted by Christian Musfeldt, Rouven Siegemund (all M&A Corporate), Dr Benjamin Monheim (Corporate, Venture Capital), Till-Manuel Saur (Corporate), Konstantin Ewald, Tim Maiorino, Felix Hilgert (all IT), Piet Weinreich (IP) and Sonja Riedemann (Employment law).

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