SICOM Systems, Inc. Acquires RTI
SICOM Systems, Inc., a leading best-of-breed provider of end-to-end solutions for quick service and fast casual restaurants, announced the acquisition of RTI, a leading technology provider for quick service and fast casual restaurants. RTI’s restaurant software solutions complement SICOM’s end-to-end technologies and will enable the company to expand its capacity, accelerate research and development and increase its presence in new brands and markets.
RTI’s founders were multi-unit franchisees before starting the company in 1985 and built the business based on their real-life experience in the industry. They grew the company consistently through the years today serving more than 10,000 restaurants for major brands including McDonald’s, Arby’s, Checkers, Popeyes, Wendy’s, Beef ‘O’ Brady’s, Burger King, Brass Tap, Church’s Chicken, among others. RTI offers RTIconnect, RTIoffice and RTI Payroll solutions helping multi-unit franchises improve operational efficiencies and increase profitability.
“This is a very strategic acquisition for SICOM as we focus on expanding and strengthening the solutions we provide to the quick service and fast casual restaurant industry,” says Jim Flynn, CEO of SICOM. “Like SICOM, RTI has a high level of dedication and desire to help franchisees and brands increase their profitability and efficiency through the application of leading edge technology products. We welcome RTI to the SICOM family. With the industry-specific experience of its founders and employees, RTI has earned a sterling reputation among its customers. It is a growing company with a breadth of customers that will enable us to penetrate new brands with our end-to-end technologies and expand into new markets.”
“For more than three decades, we have been delivering restaurant software solutions and are excited to transition into this next stage of the company by joining the team at SICOM and helping empower our customers to maximize the efficiency and profitability of their operations,” says Jim Clutter, CEO of RTI. “SICOM has a similar culture to RTI’s and its team is very likeminded in its dedication to innovation and commitment to a high-level of customer service. We look forward to the opportunities this combination has for our customers, employees and the industry.”
The combined new company will serve more than 25,000 restaurants globally in over 38 countries.