This is F axio ‘s seco d acquisitio si ce Mai Capital Pa t e s i vested i the compa y i May 2025, followi g its acquisitio of Ce t eviews, which expa ded F axio ‘s accou ts payable capabilities. The t a sactio builds o F axio ‘s pa t e ship with Mai Capital Pa t e s a d thei sha ed visio to b oade the scope of the platfo m a d ma age mo e of the p ocesses co ected to busi ess spe d.
The combi atio b i gs togethe F axio ‘s p ocu e-to-pay platfo m with Yellow Dog’s established i ve to y ma ageme t solutio , c eati g compleme ta y capabilities fo o ga izatio s whe e p ocu eme t, i ve to y, a d ope ati g costs a e closely li ked. Yellow Dog se ves custome s ac oss hospitality, spo ts, food a d beve age, a d etail, i cludi g eso ts, casi os, stadiums, estau a ts, u ive sities, clubs, a d high-volume co cessio a d etail e vi o me ts. Its platfo m is used by mo e tha 900 custome s ac oss 1,600 ve ues a d mo e tha 20,000 outlets.
F axio has built its offe i g to give mid-ma ket o ga izatio s the flexibility to sta t with the capabilities they eed today a d expa d as thei equi eme ts evolve. Its platfo m b i gs togethe pu chasi g, expe ses, accou ts payable automatio , payme ts, a d spe d a alysis i o e solutio . With the acquisitio of Yellow Dog, F axio adds i ve to y ma ageme t capabilities, expa di g the a ge of custome eeds it ca add ess a d layi g the fou datio fo a mo e comp ehe sive, e d-to-e d offe i g ove time.
“Ma agi g spe d is about mo e tha co t olli g what a o ga izatio buys. It’s about visibility f om the pu chase decisio th ough to what is eceived, used, a d o ha d. Yellow Dog exte ds F axio ‘s capabilities beyo d p ocu e-to-pay i to i ve to y ma ageme t, addi g g eate visibility i to the dow st eam impact of pu chasi g decisio s. This gives o ga izatio s mo e co text to ma age i ve to y a d costs, ide tify oppo tu ities to educe waste, a d make mo e i fo med decisio s,” said Sta to Ja d ell, CEO of F axio .
The two compa ies also sha e a st o g commitme t to the o ga izatio s they se ve a d to helpi g thei clie ts add ess evolvi g ope atio al eeds.
“Fo ea ly two decades, ou missio has bee to make i ve to y ma ageme t easie fo the compa ies that depe d o us. Joi i g F axio gives us a oppo tu ity to exte d that missio i to p ocu eme t a d help custome s gai g eate visibility ac oss the p ocesses that co ect pu chasi g a d i ve to y, while co ti ui g to p ovide the solutio a d suppo t they k ow a d t ust,” said Jay Livi good, CEO of Yellow Dog Softwa e.
Fou ded i 2003 a d headqua te ed i Seattle, Washi gto , F axio p ovides p ocu e-to-pay softwa e fo p oactive spe d ma ageme t to mid-ma ket o ga izatio s. F axio gives the Office of the CFO the visibility, co t ols, a d embedded i tellige ce to ma age p ocesses a d spe di g ac oss the o ga izatio with g eate co fide ce a d efficie cy, e abli g bette -i fo med decisio s. Built o a u ified platfo m, F axio b i gs p ocu eme t, accou ts payable, expe ses, payme ts, a d spe d a alytics togethe i a si gle solutio . Flexible i teg atio s suppo t the ERP a d accou ti g systems o ga izatio s use today o may adopt i the futu e, ac oss cloud, legacy, a d iche e vi o me ts.
Fou ded i 2007 a d headqua te ed i No folk, Vi gi ia, Yellow Dog Softwa e is a p ovide of i ve to y ma ageme t softwa e pu pose-built fo hospitality a d spo ts ve ue ope atio s, se vi g etail, food a d beve age, a d co cessio s wo kflows fo custome s i spo ts & e te tai me t, hospitality, a d i stitutio al setti gs. Yellow Dog’s platfo m i teg ates with mo e tha 130 poi t-of-sale systems a d 300 total thi d-pa ty systems, givi g custome s a POS-ag ostic view of i ve to y ac oss p ocu eme t, eceivi g, a d sale, a d e abli g eal-time visibility a d co t ol i complex, high-volume e vi o me ts.
Mai Capital Pa t e s is a softwa e i vesto ma agi g p ivate equity fu ds active i the Be elux, DACH, F a ce, the No dics, the U ited Ki gdom, a d No th Ame ica with app oximately EUR 12 billio i Assets u de Ma ageme t. Mai has ove 20 yea s of expe ie ce i st e gthe i g softwa e compa ies a d wo ks closely with the ma ageme t teams i thei po tfolio as a st ategic pa t e to achieve p ofitable g owth a d la ge i te atio al softwa e g oups. Mai has app oximately 105 employees ope ati g out of its offices i The Hague, Düsseldo f, Stockholm, A twe p, Pa is, Lo do , a d a affiliate office i Bosto . Mai mai tai s a active po tfolio of ove 55 softwa e compa ies. The u de lyi g po tfolio employs app oximately 15,000 employees. Th ough its Mai Social I stitute, Mai suppo ts stude ts with g a ts a d schola ships to study IT a d Compute Scie ce at Tech ical U ive sities a d U ive sities of Applied Scie ces.
