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IRIS Software group acquires cashless systems provider BioStore

09 Jan 2019
IRIS Software group has acquired provider of school and business cashless catering solutions BioStore Ltd.

Currently, BioStore cashless catering solutions and identity management software are used by over 3,000 UK schools an sixth form colleges ‘to improve and streamline access control and how catering services are delivered’.

Nigel Walker, managing director of BioStore, said: “BioStore is a leader in providing innovative identity management and cashless catering solutions to schools and business for many years.

“We’re delighted to be part of IRIS Software Group where we can create even tighter integrations between our respective award-winning portfolios and innovate further.

“Together with IRIS we can offer schools and businesses an end to end solution, which creates value by making budgets go further.”

BioStore will sit within the IRIS Education Division, and to date, over 11,000 education organisations use IRIS solutions, which provide software to 60% of UK academies and 82% of large multi-academy Trusts.

Kevin Dady, CEO of IRIS Software Group said: “BioStore has developed some game-changing technology for the education sector and I’m delighted to welcome the business to IRIS.

“Our mission is to help all education establishments become more efficient and productive by reducing administration and delivering services that benefit schools, colleges, students and parents.

“This acquisition is yet another step in helping us achieve this goal.”