The backing from Volaris Group “creates opportunities to accelerate Zonal’s next-generation software, while maintaining Zonal as an autonomous and independent subsidiary of the group”.
Zonal provides technology to more than 17,000 UK hospitality businesses, ranging from independent operators to major brands including Greene King, Mitchells & Butlers and Pizza Express.
Working with more than 200 integration and third-party application partners, Zonal helps customers streamline operations, maximise profits and enhance the guest experience.
Volaris is described as a strategic, long-term technology investor operating a “buy-and-keep” philosophy, meaning it is a committed owner dedicated to Zonal’s long-term success.
The acquisition will see Zonal CEO and shareholder Stuart McLean step down from the business.
“We saw in Volaris a genuine long-term home for Zonal,” he says. “Just as importantly, we recognised the significant opportunity for Zonal to accelerate its development, and for both the company and the team to grow with it, all while continuing to put our customers first in everything we do.
“What impressed me most about the Volaris team was their genuine commitment to understanding Zonal and our culture – not just the financials and our products, but us as a people-led, customer-first business.
“Building and leading this company has been the privilege of my life, but this is a truly great opportunity for Zonal and our customers. I look forward to seeing the business go from strength to strength and will be cheering everyone on from the sidelines.”
Jesper Ulsted, portfolio leader at Volaris Group, added: “We are excited to welcome Zonal to the Volaris family. Its strong brand, innovative technology and customer-centric culture make it a great fit for our portfolio.
“The McLean family have built and nurtured the Zonal business and, under the stewardship of Stuart McLean, it has become a widely admired technology company in the UK hospitality sector. We look forward to supporting Zonal as it continues to deliver exceptional solutions to its customers and pursue further opportunities for growth.”