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TouchBistro raises C$158M in OMERS-led series E funding

Private equity firm OMERS Growth Equity led a C$158 million series E funding for TouchBistro Inc., a global restaurant solution provider.

Barclays Bank PLC, RBC Ventures and BMO Capital Partners participated in the funding. Existing investors OMERS Ventures and Kensington Capital Partners Ltd. were among several other participating investors.

TouchBistro will use the funds to buy complementary products, develop advancements in technology, increase its presence in international markets and increase its team's size over the next year.