(4/13/2022) Fullsteam, a holding company acquiring software and payments businesses, announced its March 2022 acquisition of IQware Inc and Megasys Hospitality Solutions, leading providers of hospitality management solutions.

IQware Inc and Megasys were merged at the end of 2021 to create an industry-leading software and services solution for hotels, condo-hotels, state parks, and other recreational facilities. Both companies have long served the hospitality market with deep expertise, understanding, and knowledge of their customer’s needs. The acquisition of the combined entity by Fullsteam promotes Francois Greffard, president, Mark Jewart, COO, and Jeff Wilder, CTO to lead the company and expand on client's specialized needs  

Mr. Francois Greffard, president, says, "Our experience with Fullsteam has been extraordinary. They are a team of professionals experienced in integrating software solutions and payments. We strongly believe our existing and future clients will greatly benefit from the combined capabilities of market-leading software and payments delivered seamlessly together."

This acquisition enables Fullsteam to strengthen its foothold in the Hospitality Industry and provide fully integrated payment solutions to an industry that has traditionally not been able to experience cost savings and efficiencies these types of solutions offer. IQware and Megasys’ client base will benefit from having access to robust technology that will seamlessly integrate within their respective platforms.

Mr. Michael A. Lawler, Fullsteam CEO said, "IQware and Megasys’ comprehensive product suite will be elevated to a new standard of payment processing. We are excited about bringing them into the Fullsteam family of companies."