RizePoint, a provider of management systems for restaurant, retail and hospitality brands located in South Jordan, has been acquired by FranConnect of Herndon, Virginia. FranConnect markets sales, operations, and marketing solutions to franchises and multi-location businesses.
This is FranConnect’s third acquisition over a four-year period and marks another milestone for FranConnect in extending its reach beyond franchise brands to serve the operational needs of a broader industry of multi-unit owners, locations, front-line employees and suppliers, the company said. Three of the top five global restaurant brands use RizePoint, along with Ecolab, Wendy’s, Focus Brands, Dine Brands, L Brands, and Sodexo. More than 2 million audits are conducted annually using RizePoint, with over 1 million users across 120 countries and over 39 languages.
Backed by Baltimore-based Access Holdings, RizePoint has employees across North America and the U.K.
“The acquisition of RizePoint by FranConnect will greatly benefit our customers and the industry,” said Kari Hensien, CEO of RizePoint. “By uniting forces, we are in a unique position to offer a more robust and comprehensive suite of solutions that will further empower our customers to effectively manage compliance, elevate quality standards, and drive operational excellence. This acquisition will accelerate our ability to innovate, develop, and deploy meaningful advancements to our products and solutions.”
“We are thrilled to welcome RizePoint customers and employees into the FranConnect community,” said said Gabby Wong, CEO of FranConnect. “Kari and her team bring deep expertise in QMS that our customers want and need from FranConnect. Further, with this acquisition, we continue to demonstrate that we intend to look across the broader market to provide the best tools and solutions to solve the unique challenges facing multi-location businesses.”