The acquisition will allow Lavu to provide seamless online ordering alongside their comprehensive restaurant management platform
ALBUQUERQUE, N.M.–(BUSINESS WIRE)–Lavu, an industry leader in mobile point-of-sale and payments systems, announced today the acquisition of MenuDrive, a branded online and mobile ordering platform for restaurants.
Lavu’s best-in-class mobile point-of-sale system provides restaurateurs with a comprehensive management platform that streamlines operations and increases revenues. By harnessing MenuDrive’s expertise in the restaurant e-commerce space with Lavu’s mobile point-of-sale systems, the combined companies will be even better prepared to help restaurants succeed in today’s competitive digital landscape.
“Lavu and MenuDrive share a single vision and goal which is to provide restaurant owners with the online ordering technology they need to thrive. Together, the strength of our combined companies will enable our customers to achieve even higher profit margins and increased levels of customer satisfaction,” said Saleem S. Khatri, Chief Executive Officer of Lavu.
The pairing of Lavu’s and MenuDrive’s technology platforms will help restaurant owners compete with third-party delivery services. Utilizing third-party software which typically require restaurants to give away a percentage of their food and beverage income will no longer be the only option available to food establishments. The Lavu-MenuDrive technology platform which offers an intuitive control panel and seamless end-user experience allows any restaurant to realize increased profits from customer online ordering and food delivery. In addition, restaurants can achieve significant increases in traffic and revenue as a result of more effective marketing and higher brand awareness. The Lavu-MenuDrive technology platform also offers a branded online ordering presence, customized loyalty programs, and marketing automation – this helps ensure that new customers can easily source new restaurant choices. In addition, the Lavu-MenuDrive technology platform offers restaurants enhanced analytics, including detailed customer order history, product reports, sales trends, and consumer buying habits, which allow restaurants to stay current with new dining trends and changing customer activity.
“We are excited to join Lavu and bring MenuDrive’s best-in-class features and expertise to their impressive technology and team. Together, we are positioned to provide more value and benefits to restaurant owners so that they can succeed, regardless of size or budget,” said MenuDrive co-founder Adrian Fang.
Lavu’s legal advisor is the Rodey Law Firm. MenuDrive’s legal advisor is Pillar+Aught.
About Lavu:
Lavu is the world’s leading mobile point-of-sale system for restaurants and bars. Used in food service establishments in more than 90 countries, Lavu is a full-featured iPad-based POS system. Lavu was the first iPad point of sale in the Apple App Store and continues to offer the latest in features and functionalities. Offering flexible payment-processing solutions, an intuitive interface, and a proprietary business management suite, Lavu’s restaurant management platform is ideal for all food and drink establishments.
About MenuDrive:
MenuDrive empowers restaurants by allowing them to have their own custom branded online and mobile ordering system. Its feature-rich technology allows restaurant operators to easily add e-commerce to their offerings, so that customers can order online or place orders by smartphone for in-store pickup or home or office delivery. MenuDrive serves restaurants and food establishments throughout the United States & Canada.
