We have advised Advent International and myPOS, a London-based fintech platform that pioneered instant settlement, on its acquisition of Toporder, a leading French cash register company, to drive expansion and complete its offering in payment solutions. This move solidifies the position of myPOS, as a payments service provider addressing the unique challenges faced by small and medium enterprises (SMEs).
The acquisition enables myPOS to expand its footprint in the French retail, food and beverage sectors by providing integrated payment and cash register solutions designed to streamline operations, improve efficiency and drive growth.
Founded in 2019 in Lyon, Toporder provides a comprehensive cash register system, integrating business tools such as inventory management, accounting, statistical analysis, customer database management, and more. Serving more than 700 clients across France, Toporder will continue supporting its existing customers while integrating its technology into the myPOS platform.
The acquisition of Toporder comes a year after myPOS was acquired by Advent International, one of the largest global private equity investors. With the recent move, myPOS continues its ambitious growth strategy to become a market leader in serving micro, small and medium-sized enterprises across Europe.