WorkWave Acquisition & Valuation

Replit is a browser-based development environment for building and deploying full-stack applications without local setup. Users generate code from natural language prompts, integrate databases, and launch via one-click hosting. Replit supports collaborative coding for prototypes, APIs, and internal tools across technical skill levels. San Francisco-headquartered Replit powers instant app creation from ideation to production.

Toast Inc is a cloud-based, all-in-one digital technology platform purpose-built for the restaurant community. The company provides a comprehensive platform of software-as-a-service (SaaS) products and financial technology solutions, including integrated payment processing, restaurant-grade hardware, and a broad ecosystem of third-party partners. It serves as a restaurant operating system, connecting front of house and back of house operations across service models such as dine-in, takeout, and delivery. It operates through one reportable segment consisting of its SaaS products, financial technology solutions, integrated payments, hardware, and partner ecosystem.

Chowbus is a Chicago-headquartered restaurant technology provider offering a SaaS-based point-of-sale system for U.S. eateries, particularly Asian restaurants. The cloud platform manages orders, payments, inventory, and analytics, with automatic updates included in subscription fees. It serves thousands of locations nationwide through web and mobile interfaces.

SpotOn is a San Francisco-headquartered provider of payment processing and restaurant management software tailored for small and midsize businesses. Founded in 2017, the company integrates point-of-sale terminals with online ordering, reservation systems, marketing tools, website builders, and loyalty programs. Its retail solutions handle inventory tracking and e-commerce alongside payment acceptance via partnerships with Visa and Mastercard. SpotOn operates nationwide across the United States, serving sectors like quick-service restaurants and boutique stores through dedicated local support teams.

Beijing Shiji Information Technology Co Ltd is an information technology company based in China. It is engaged in the development of software solutions serving mainly hotel, food and beverage, retail, and leisure and entertainment sectors. Shiji provides branded chain stores with complete management solutions and department store solutions which include investment management system, ERP, CRM, visual counter system, mobile POS and cloud platform. In addition, Shiji provides installation, certifications and after-sales service for a variety of hardware including servers, point of sale equipment and printers.

Newland Digital Technology Co Ltd, formerly Fujian Newland Computer Co Ltd is an IT products and services provider in China. It provides solutions for barcode recognition, financial payment, mobile and other communications, traffic information and internet finance activities. The company offers barcode recognition technology, POS machines for electronic financial payment, intelligent transportation solutions, cloud computing and big data services, online to offline two-dimensional code marketing services and other solutions. In addition, it provides solutions which integrates software development, hardware manufacturing and system integration in the field of food safety.

Agilysys Inc provides hospitality software delivering cloud-native SaaS and on-premise solutions for hotels, resorts, cruise lines, casinos, corporate foodservice management, restaurants, universities, stadiums, and healthcare facilities. The company’s software solutions include point-of-sale (POS), property management (PMS), inventory and procurement, payments, and related applications that manage and enhance the entire guest journey. It derives maximum revenue from the provision of software subscription and maintenance services, followed by the provision of professional services, and the sale of products (proprietary software licenses, third-party hardware, and operating systems). Agilysys operates across North America, Europe, the Middle East, Asia-Pacific, and India.

Owner is a platform equipping US restaurant owners with mobile ordering, customer rewards, and online visibility tools. The service includes AI-driven menus, loyalty programs, and a free website grader analyzing SEO and speed. Integrated with Google and DoorDash, Owner processes millions in orders monthly for chains like Sweetgreen and local diners. Launched in 2020 and headquartered in San Francisco, the company focuses on commission-free direct sales channels.

Vusion is a company that offers Vuision Retail IOT technology platform to help retailers transform their physical stores into high-value digital assets that are more automated, data-driven, and connected in real-time to suppliers and consumers. It connects shelves to the cloud, providing real-time accurate information on product availability and location, allowing for reduced inventory, out-of-stock, and waste, as well as improved on-shelf availability and merchandizing compliance.

Pine Labs Ltd is a technology company digitizing commerce for merchants, brands, enterprises, and financial institutions. It operates two segments: Digital Infrastructure and Transaction Platform, which contributes the majority of its revenue through in-store and online payments, affordability, value-added services, and transaction processing; and Issuing and Acquiring Platform, providing prepaid, loyalty, rewards, and card issuing and acquiring solutions. Its offerings include UPI and payment gateway services, gift cards, card management, and fintech infrastructure. Pine Labs serves banks, corporates, government, fintech, e-commerce, and startups across multiple industries, enabling customer acquisition, onboarding, expense management, rewards, refunds, and embedded bill payments.

Diebold Nixdorf Inc is engaged in providing software and hardware services for financial and retail industries. The customer segments of the company are Banking, which offers integrated solutions for financial institutions, and Retail, which offers solutions, software, and services that improve the checkout process for retailers. A majority of its revenue is generated from the Banking segment.

commercetools is a cloud-native, composable commerce platform enabling B2B and B2C enterprises to build scalable omnichannel experiences across web, mobile, tablet, and POS. Munich-headquartered and recognized as a market leader, the company serves brands like Audi, Danone, Eurostar, NBCUniversal, Sephora, and Volkswagen Group. Launched a decade ago, its API-first architecture supports rapid adaptation to trends without infrastructure constraints.

Nayax Ltd is an end-to-end retail technology platform for unattended commerce. It provides consumers with digital, cashless payments, and connected commerce experiences, enhancing consumer conversion and loyalty. Its platform addresses the entire unattended commerce value chain, including a payments infrastructure, a commerce software suite, a consumer engagement platform, and integrated POS devices. The company addresses a broad range of retail verticals, including all types of vending machines, coffee machines, unattended checkout counters, self-service kiosks, ticketing machines, car wash stations, gaming machines, amusement rides, laundromats, EV charging stations, and many more.

Deliverect is a Ghent-headquartered SaaS platform that integrates online ordering channels like Uber Eats, Deliveroo, and DoorDash with restaurant POS systems. The service automates order syncing to kitchen printers, reducing manual entry errors by 90 percent. Founded in 2018, Deliverect serves 20,000 locations in 30 countries including Europe, Middle East, and Australia, with offices in London and Sydney.

Lightspeed Commerce Inc provides an omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accept payments, and grow their businesses. The company sells its platform through a direct sales force in the United States, Canada, United Kingdom, Australia, and other countries. It derives a majority of its revenue from the United States.

Restaurant365 is a cloud-based enterprise management platform built for the restaurant industry, combining accounting, inventory, scheduling, payroll, HR, and operations tools in a single system. The software connects to point-of-sale systems, vendors, and banks so operators can track food costs, manage labor, and see performance across locations, with AI-powered features such as automated invoice processing and tip calculation. Founded in 2011 and headquartered in Irvine, California, it serves more than 40,000 restaurant locations, including large chains such as KFC and Burger King.

Swiftly is a vertical SaaS platform transforming grocery retail into digital media businesses. Its Swiftly Stack unifies POS, loyalty, e-commerce, and mobile data for identity resolution, audience targeting, and attribution. Retailers including independents and chains monetize inventory through self-serve campaigns for CPG brands like Procter & Gamble and Unilever.

Vagaro is a cloud-based platform connecting consumers with salons, spas, and fitness studios for online bookings and discovery. Salon owners access management tools for scheduling, payments, marketing emails, inventory, and custom websites. Livermore-headquartered since 2009 and now with offices in Dublin, California, Vagaro powers appointments for beauty professionals nationwide.