PE-backed ACCEO Solutions buys retail software provider Multipost

ACCEO Solutions Inc has acquired Multipost Ltd, a Toronto-based developer of point-of-sale terminal software for small and mid-sized retailers. The financial details of the transaction were not published. Montréal's ACCEO, a specialist in business software solutions, said the acquisition will expand its product range and increase its expertise in the retail industry. In 2012, France's GFI Informatique SA sold its stake in ACCEO, then known as GFI Solutions Inc, to an investor group that included Capital régional et coopératif Desjardins, Fonds de solidarité FTQ and Investissement Québec.

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