RizePoint

Canaccord Genuity acts as Exclusive Financial Advisor to RizePoint on its sale to FranConnect

Canaccord Genuity is pleased to announce its client, RizePoint, has been acquired by FranConnect, a portfolio company of Serent Capital. RizePoint is a leading provider of quality management systems (QMS) serving global restaurant, retail, and hospitality brands. RizePoint's cloud platform is designed to help organizations effectively manage compliance, maintain quality standards, and streamline operations across their enterprise, contributing to improved performance, brand protection, and overall customer satisfaction. More than 2 million audits are conducted annually using RizePoint, with over one million users across 120 countries and translated in over 39 languages.

The addition of RizePoint to the FranConnect platform brings deep quality management capabilities to FranConnect’s already comprehensive franchise management platform. RizePoint enables brands and multi-location operators to conduct mobile audits, set standards, automate corrective action, and enforce compliance with quality and safety initiatives.