Canadian company snaps up Leicester tech firm

Jonas Computing has acquired MCR Enterprise Solutions, the Leicester based provider of software and electronic point of sale technology to the hospitality, catering and leisure industries.

MCR has an installation base of thousands of point of sale systems and a proven track record supplying and supporting leading multi-site, multi brand and multi-concept organisations.

“MCR, with its strong presence in the hospitality, catering and leisure markets, is a valuable addition to the Jonas group of companies,” said Barry Symons, CEO of Jonas. “We are very excited to welcome MCR’s dedicated customers and employees to our organization.”

Established in 1978, MCR has over thirty five years’ experience in providing hospitality, catering and leisure organisations with enterprise management solutions

Matthew Gatter, MCR Systems Managing Director, says: “We are extremely pleased to be joining the Jonas Group and add to the strength of their existing software offering. The acquisition means MCR Systems is ideally placed to continue leading the way in electronic point of sale technology within our chosen markets.”

Advisers on the transaction were also Leicester based. Mark Tuckwell and Shafwaan Bheda of Magma Chartered Accountants were lead advisors to the shareholders of MCR Systems, with Keith Gilbert and Andrew Spiers at Freeths providing legal advice.

Tuckwell of Magma said: “Magma have worked with MCR Systems for a number of years and have seen the business go from strength to strength. This transaction was particularly satisfying for us, having supported MCR for a number of years.”

Gilbert, partner at Freeths, added: “This is a really positive acquisition, with the parties being a great fit to continue to develop the MCR business. It was a pleasure to work with the MCR team and also with Magma, who we have assisted with transactions previously.”