PRINCETON, NJ -- Heartland Payment Systems, one of the nation's largest payments processors, has acquired LunchByte Systems Inc., a school foodservice back-office management and point-of-sale company.
LunchByte markets Nutrikids, a suite of inventory management and POS solutions for K-12 administrators, staff, parents and students.
Heartland's school solutions division reportedly serves more than 29,000 K-12 schools across the U.S., a 30% market share. Its child nutrition and payment management products include POS terminals, a secure online payment portal, mobile payments and vending machine integration. Its meal tracking services can assimilate USDA NuMenu nutritional data. Heartland also offers SeeMyPlate, technology that allows parents to see photos of their children's school meal purchases in order to monitor school-time meals and educate their children about nutrition.
"We plan to continue the strategic acquisition of premier K-12 service providers to further enable us to offer schools more unique and innovative services to help them streamline foodservice operations, as well as create and deliver best-in-class school nutrition programs," said Michael A. Lawler, president of Heartland's strategic markets group.
Last fall, Heartland acquired School-Link Technologies Inc., a privately held provider of K-12 school nutrition and POS products. The year before that, the payment-processing giant bought LunchBox, Comalex Inc. and MySchoolBucks.com. | SEE STORY