365 Retail Markets has announced the acquisition of Australian vending management software (VMS) company, Sentry, for an undisclosed sum.
Sentry is a vending machine and micro market management platform that includes a full-featured web application and a driver and inventory management mobile app. The platform’s features include “intuitive planograms and optimised merchandising, routing, market maintenance and picking systems,” which are all supported by a “back-office system”.
The acquisition expands 365’s product portfolio and supports its growth plans.
365 Retail Markets CEO, Joe Hessling, said: “Sentry is a perfect fit within our long-term strategy of turning the data from our vast point-of-sale fleet into actionable insights for our global customer base of over 2,000 operators”.
He continued: “We will continue to invest in VMS and other data-related technologies as the demand for self-service technology continues to rapidly expand…We intend to begin offering a 365 VMS product to the field within the summer of 2022.”
Late last year, 365 purchased Scottish catering software company, Spoonfed.
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