Quantaco is delighted to announce it has acquired CTB AND CO., a cloud-based kitchen management software solution that simplifies processes, lowers costs, and improves financial transparency for food and beverage operators.

The acquisition brings together two entrepreneurial Australian companies forming one of the country’s largest hospitality technology providers dedicated to empowering hospitality businesses make better data-driven decision in real-time to improve performance.

Founder and Chief Executive Officer of Quantaco, Anthony Sullivan, said: “Both Quantaco and CTB AND CO. have been serving the Australian hospitality industry for over a decade, working with some of the most esteemed businesses across Australia.

“I’ve had the pleasure of working with CTB AND CO founder Andrew Brese and his team for several years and have always been impressed by the innovation and creativity of the solutions developed by their team. I’m excited about what we can achieve together,” said Anthony Sullivan.

CTB AND CO. will continue to trade under its brand and operate as a service line within Quantaco’s technology suite. Andrew Briese will join Quantaco’s executive team as the Executive Director for CTB AND CO.

In today’s challenging retail and hospitality environment, this acquisition will allow Quantaco to integrate a more comprehensive suite of products for customers into one seamless ecosystem.

Anthony Sullivan said: “Quantaco’s mission is to help our customers further digitise existing processes which were historically analogue, for increased business performance and profitability.

“With this new chapter, Quantaco continues to set the standard in hospitality management solutions, delivering outstanding results to pub groups, clubs, and restaurants across the country,” said Anthony Sullivan.

Andrew Briese said: “I’ve observed Quantaco for many years and have seen how Anthony Sullivan and his team have developed solutions to solve problems in the industry.

The acquisition of CTB AND CO. will provide a wealth of data points including sales transactions, purchases, and historical trends on food prices, which will deliver deeper operational insights for business operators and help them take any corrective action to improve their financial performance, he added.

“The addition of CTB AND CO. perfectly complements Quantaco’s existing capabilities. I couldn’t be more excited to join the Quantaco team and continue to deliver on our combined goal of driving cost control and transparency within the hospitality industry he said,”he said.

All CTB AND CO. employees, including hospitality experts, support specialists, and chefs, will transition to become part of Quantaco, resulting in a combined team of over 200 employees working across Australia, New Zealand, and Asia.