Everfield has acquired KOST, an Austrian food service software specialist, to enhance its presence in the DACH region and capitalize on growth opportunities in the catering industry.

Information on the Target

KOST, a food service specialist based in Graz, Austria, has established itself as a crucial player in the food catering industry across Germany, Austria, and Switzerland. Founded in 2000 by Michael Cikerle and Richard Huß, the company has transitioned from a basic inventory management system to a sophisticated software solution tailored for large caterers, restaurateurs, and healthcare institutions. KOST's platform provides comprehensive transparency and efficiency throughout the kitchen supply chain, facilitating all processes from ordering to serving and playing a significant role in minimizing food waste.

In addition to its core operations, KOST also operates a subsidiary, Paycaso, which specializes in cashless payment systems. The company currently employs 30 individuals and is poised for growth, leveraging its innovative software solutions to meet a wide range of customer needs within the catering sector.

Industry Overview in Austria

The Austrian food service industry is experiencing significant developments, driven by the increasing demand for efficiency and sustainability. Innovative software solutions, such as those offered by KOST, are helping businesses streamline th