AFS Technologies Acquires Astra Information Systems

By Restaurant Business Staff on May 11, 2007

According to AFS, with this acquisition, it now serves more than 300 customers, and will be headquartered in here, with offices in Milford, CT; Weston, FL; and Bangalore, India.

AFS also announced today that it has closed a mezzanine debt financing, provided by Merion Investment Partners, L.P., a King of Prussia, PA-based mezzanine capital firm, to fund the acquisition of Astra.

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