Toronto, Ontario–(Newsfile Corp. – October 14, 2021) – County Capital 2 Ltd. (TSXV: CTWO.P) (the “Corporation“), is pleased to announce that Foodtastic Inc. (“Foodtastic“), a leading restaurant franchisor in Canada, has selected Givex Corporation (“Givex“) as its technology and customer engagement platform to roll out in over 650 locations across 21 brands and growing. Most brands are already on the Givex gift card program and will be rolling out Givex’s POS system and Customer WebSuite (CWS) solutions system-wide. Foodtastic has been making waves this year with their strategic acquisitions of Pita Pit, Second Cup and Milestones Restaurants.
National coffee chain Second Cup was already using Givex for gift cards, loyalty programs and POS across their over 200 locations. When Foodtastic acquired Second Cup earlier this year, they were able to see firsthand how Givex was able to support a large-scale enterprise as a long-term partner.
“We’re very proud to work with forward-thinking companies like Foodtastic,” said Mo Chaar, Chief Commercial Officer, Givex. “Foodtastic is doing incredible things through its careful selection of vetted brands and fast, but strategic, growth. Givex’s solutions will only help their owners, operators, and franchisees be more successful and better serve their customers. The Givex Platform gives Foodtastic a solid foundation for the future functionality and solutions they may need.”
GivexPOS enables Foodtastic to have full insight into their business, to better serve its franchisees and customers. One of these early benefits is how GivexPOS is already working with established partners for digital menu boards, online ordering and data repository, giving Foodtastic brands even better data and order accuracy.
“Givex clearly supports its clients, if this past year has been any indication, and we are excited to collaborate with them as we continue to grow and expand across Canada,” said Peter Mammas, President and CEO of Foodtastic. “We’re very excited to be serving the community and glad we can provide a safe and welcoming experience for our customers now and in the future.”
Givex is a global IT platform focused on providing merchants with useful customer insights. Their platform supports gift card processing, custom loyalty programs, stored value/loaded tickets, omnichannel point of sale and fully integrated KDS, inventory, labor, kiosk, handheld tablets and online ordering apps. The platform has fully integrated management and consumer apps. The portal provides support tools, hundreds of custom reports and an easy-to-use analytics tool that enables merchants to make informed decisions about how to communicate with and cater to their customer needs. The platform is flexible and can be integrated to many third parties. Learn more at givex.com.
ABOUT COUNTY CAPITAL
County Capital brings together an elite group of industry leaders with a mandate to create and complete a series of professionally managed Capital Pool Companies. For more information about County Capital and the CPC Program, please visit www.countycapital.ca.
This press release contains certain forward-looking statements, including statements about the Corporation’s future plans and intentions and completion of the Proposed Transaction. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, the Corporation cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and the Corporation assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
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Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange Requirements, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.
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