Lavu Acquires MenuDrive to Help Restaurants Succeed in the Online Ordering Space

The acquisition will allow Lavu to provide seamless online ordering
alongside their comprehensive restaurant management platform

ALBUQUERQUE, N.M.–(BUSINESS WIRE)–Lavu, an industry leader in mobile point-of-sale and payments systems,
announced today the acquisition of MenuDrive, a branded online and
mobile ordering platform for restaurants.

Lavu’s best-in-class mobile point-of-sale system provides restaurateurs
with a comprehensive management platform that streamlines operations and
increases revenues. By harnessing MenuDrive’s expertise in the
restaurant e-commerce space with Lavu’s mobile point-of-sale systems,
the combined companies will be even better prepared to help restaurants
succeed in today’s competitive digital landscape.

“Lavu and MenuDrive share a single vision and goal which is to provide
restaurant owners with the online ordering technology they need to
thrive. Together, the strength of our combined companies will enable our
customers to achieve even higher profit margins and increased levels of
customer satisfaction,” said Saleem S. Khatri, Chief Executive Officer
of Lavu.

The pairing of Lavu’s and MenuDrive’s technology platforms will help
restaurant owners compete with third-party delivery services. Utilizing
third-party software which typically require restaurants to give away a
percentage of their food and beverage income will no longer be the only
option available to food establishments. The Lavu-MenuDrive technology
platform which offers an intuitive control panel and seamless end-user
experience allows any restaurant to realize increased profits from
customer online ordering and food delivery. In addition, restaurants can
achieve significant increases in traffic and revenue as a result of more
effective marketing and higher brand awareness. The Lavu-MenuDrive
technology platform also offers a branded online ordering presence,
customized loyalty programs, and marketing automation – this helps
ensure that new customers can easily source new restaurant choices. In
addition, the Lavu-MenuDrive technology platform offers restaurants
enhanced analytics, including detailed customer order history, product
reports, sales trends, and consumer buying habits, which allow
restaurants to stay current with new dining trends and changing customer
activity.

“We are excited to join Lavu and bring MenuDrive’s best-in-class
features and expertise to their impressive technology and team.
Together, we are positioned to provide more value and benefits to
restaurant owners so that they can succeed, regardless of size or
budget,” said MenuDrive co-founder Adrian Fang.

Lavu’s legal advisor is the Rodey Law Firm. MenuDrive’s legal advisor is
Pillar+Aught.

About Lavu:

Lavu is the world’s leading mobile point-of-sale system for restaurants
and bars. Used in food service establishments in more than 90 countries,
Lavu is a full-featured iPad-based POS system. Lavu was the first iPad
point of sale in the Apple App Store and continues to offer the latest
in features and functionalities. Offering flexible payment-processing
solutions, an intuitive interface, and a proprietary business management
suite, Lavu’s restaurant management platform is ideal for all food and
drink establishments.

About MenuDrive:

MenuDrive empowers restaurants by allowing them to have their own custom
branded online and mobile ordering system. Its feature-rich technology
allows restaurant operators to easily add e-commerce to their offerings,
so that customers can order online or place orders by smartphone for
in-store pickup or home or office delivery. MenuDrive serves restaurants
and food establishments throughout the United States & Canada.

Contacts

Lavu Inc
Roger Lopez
roger.lopez.aguirre@lavu.com
(470)
848-7866