Franchise shift: Gatineau software firm acquired by U.S. franchise management giant
A Gatineau firm whose software helps some of Canada’s best-known chains track their stores’ performance is now part of a U.S. franchise management giant. Virginia-based FranConnect announced this week it has acquired LavaBlast Software, which makes a subscription-based platform used by franchisors to maintain consistent standards across their operations. Financial terms of the deal, which closed Jan. 14, were not made public. Launched 14 years ago by a pair of University of Ottawa software engineering grads, LavaBlast – which did business under the name FranchiseBlast – has more...
Source: obj.ca