Wallingford, Oxfordshire, March 3rd, 2025 – Vesta Software Group (“Vesta”), is pleased to announce the acquisition of Hospitality Tech Holdings Ltd. (“Kobas”), a comprehensive hospitality management platform based in the UK. Kobas offers a suite of cloud-based solutions for hospitality businesses, including point-of-sale (POS), inventory management, customer loyalty programs, kitchen management and integrated payment processing for a world-class customer experience. Kobas is set to enhance Vesta’s portfolio, which will strengthen Vesta Software Group’s offerings in the payments sector.

“Kobas’s integrated payment processing capabilities are a key asset.” said Richard Clancy, Group CEO of Vesta “This acquisition strengthens Vesta’s presence in the UK hospitality payments sector and allows us to enhance our portfolio, delivering greater value to our UK clients.”

“We are delighted to support the smart use of technology and payments in the hospitality sector. Our long-term investment in the Kobas business underwrites their competitive offering for existing and future customers. Their solution and personal approach are world class, and I really look forward to working with them to build on their early success in the industry.” commented Ed Adshead-Grant, Payments Portfolio Leader at Vesta.

“Kobas has been a labour of love for nearly 16 years, and we’ve navigated some of the most difficult times the industry has faced.” said James O’Sullivan, CEO of Kobas. “It’s great to know that Kobas, the team and the clients will have such caring and competent people marshaling the next stage of the journey. The brightest days of Kobas are still to come and with the new leadership and the passionate support of the team, they are perfectly placed to drive the business forward. I’ll remain a supporter of the product, avid user of the industry and I’m excited to see what comes next.”

About Kobas

Kobas is a UK-based, all-in-one hospitality management platform for restaurants, bars, and similar venues. Its cloud-based system provides a central hub for managing operations. Key features include a robust EPoS, detailed inventory control, and staff management tools. Kobas also offers customer engagement features like loyalty programs and CRM. The platform streamlines payments and provides in-depth reporting for data-driven decisions. This improves efficiency, reduces waste, and enhances customer experiences. Ultimately, Kobas helps hospitality businesses increase profitability and streamline their workflows. It’s designed to scale with the business, offering a comprehensive solution.

About Vesta Software Group

Vesta Software Group Ltd. operates more than 35 independently managed software brands around the world, providing them with the strategic guidance and financial security required to be leaders in their respective markets. From its roots in the Education and POS sectors, Vesta’s reach has grown extensively across the world with companies based in Chile, Peru, Uruguay, the United Kingdom and continental Europe. Today, Vesta Software Group is proud to supply industry leading enterprise management software and related services to more than 50,000 customers worldwide across more than 15 different vertical markets.

About Jonas Software:

Jonas Software operates over 175+ independently managed software brands around the world, providing them with the strategic guidance and financial security required to be leaders in their respective markets. From its roots formed in the construction and club management markets, Jonas Software’s reach has grown extensively within the fitness, membership, hospitality, and industrial verticals. Today, Jonas Software is proud to supply industry-leading enterprise management software and related services to more than 80,000 customers in over 40+ vertical markets.

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