Centric has acquired a majority stake in Dutch FinTech company Twelve, a leader in point-of-sale and order management for the food service and hospitality sectors. This acquisition is designed to boost Twelve's European growth, enhancing its existing operations in renowned venues like the Stade de France and San Siro, while expanding to markets in Germany, France, Italy, and the UK. Twelve, which started with a focus on amateur sports clubs, will retain its brand and structure while benefitting from Centric’s resources and expertise.
"We are proud to be the market leader in the Netherlands. With the expertise of Centric and Spacetime, we can now make the move to Europe."
"This partnership fits perfectly with our strategy. We invest specifically in companies that strengthen our market position and accelerate innovation."
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