French company The Acrelec Group to acquire HyperActive Technologies
02 Jun, 2016, 14:13 BST
Combined organization to provide technology to restaurants and retailers
PITTSBURGH, June 2, 2016 /PRNewswire/ -- The Acrelec Group, the world's leading provider of customer experience technology and digital transformation solutions for the foodservice and retail industries, has acquired Pittsburgh-based HyperActive Technologies, the leading U.S. supplier of outdoor restaurant technology.
"Acrelec's acquisition of HyperActive Technologies advances our mission of revolutionizing the way restaurant and retail brands engage their customers," said Jacques Mangeot, co-founder of the Acrelec Group. "Combining Acrelec's expertise in providing interactive kiosks and digital display hardware, software and services with HyperActive's innovative drive-thru technology will allow us to become the preeminent global provider of the most comprehensive suite of solutions."
Founded in 2001, HyperActive Technologies provides quick service and fast casual restaurants with outdoor digital displays, order confirmation software and drive-thru service timers. Its products are widely used by over 40 major restaurant brands. The company quickly rose to its leadership position by providing innovative solutions such as offering the first outdoor digital display with LED lighting and Power over Ethernet connectivity.
"Acrelec's decision to acquire HyperActive is validation of the success and reputation the company holds in the U.S.," said Joseph J. Porfeli, chief executive officer for HyperActive. "With our complementary product portfolios and strong customer relationships, we are confident that we will provide enormous value to the industry."
The Acrelec Group, headquartered in St.Thibault, France, provides end-to-end integrated solutions that include kiosks, digital displays, order confirmation boards, tablet and table service systems, drive-thru and mobile technology. The company has extensive experience working with the world's leading brands to design and implement highly customized solutions. Acrelec currently supports over 20,000 self-service kiosks in 49 countries.
"Acrelec and HyperActive share a passion for innovation and a dedication to serving its customers," stated Jalel Souissi, co-founder for the Acrelec Group. "This partnership will create one of the leading companies in one of the world's fastest growing industries." According to a 2016 study, the market for self-service kiosks is predicted to grow at a compound annual growth rate of 9.2 percent between 2015 and 2020 and will be worth $73.35 billion by 2020.
The growth of self-service kiosks is being fueled by industry's desire to enhance the customer's experience and improve service. Outside of the U.S., one Acrelec customer is generating 90% of their indoor orders through kiosks. "From what we have witnessed around the world, we are confident that Americans will embrace the self-ordering option for the convenience and personalization it provides," said Mangeot. "From a financial perspective, restaurant operators can achieve a significant return on investment from our shared technology. All of our solutions, from drive-thru systems to indoor kiosks, are mission critical to increasing throughput and driving sales."
Acrelec is equally as enthusiastic about bringing HyperActive's drive-thru solutions to foodservice establishments outside of the U.S. "Our products have changed the operational effectiveness of America's drive-thrus. We are excited to share the success of our products with the rest of the world," Porfeli concluded.
About HyperActive Technologies
HyperActive Technologies (http://www.gohyper.com) is a leading provider of outdoor restaurant solutions for quick service, fast casual and table service restaurants. The company's technology includes outdoor digital displays, digital media management, order confirmation software and drive-thru service timers. Founded in 2001,the company specializes in the integration of point of sale, mobile apps, online ordering and payment systems to help major restaurant chains increase revenue, improve customer service, satisfaction and loyalty, and lower operating costs.
About Acrelec
Acrelec (www.acrelec.com) is the world's leading provider of customer experience technology and digital transformation solutions for the foodservices and retail industry. Founded in 2004, the company is changing the way brands and their staff use digital solutions to increase in-store consumer engagement. Acrelec pioneered the use of digital kiosks in quick service restaurants and gained prominence developing digital commerce platforms for the world's largest retail and restaurant brands. Headquartered in St.Thibault, France, Acrelec has 20,000 installations in 49 countries and over 500 employees worldwide.
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