{"id":7062,"date":"2026-06-03T16:08:38","date_gmt":"2026-06-03T15:08:38","guid":{"rendered":"https:\/\/bondoadvisors.com\/?p=7062"},"modified":"2026-06-03T16:12:41","modified_gmt":"2026-06-03T15:12:41","slug":"bondo-advisors-advises-andy-on-his-sale-to-chr-group","status":"publish","type":"post","link":"https:\/\/bondoadvisors.com\/en\/bondo-advisors-advises-andy-on-his-sale-to-chr-group\/","title":{"rendered":"Bondo Advisors advises Andy on his sale to CHR Group"},"content":{"rendered":"\t\t
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Bondo Advisors <\/a>has acted as exclusive sell-side financial advisor to Andy in its sale to CHR Group, a European group specialising in digital solutions for food safety, compliance and operational management in the foodservice sector.<\/strong><\/p>

The transaction strengthens CHR Group’s position<\/strong> as one of Europe’s leading software platforms for foodservice, backed by PSG Equity and Verto<\/strong>.<\/p>

Andy, founded in Spain in 2017 and led by Rafa Li\u00f1\u00e1n Vega, CEO<\/strong>, and Carlos Torres Valhondo, CTO<\/strong>, is a SaaS platform specialising in the digitalisation of operations for restaurant chains, supermarkets, institutional catering and multi-site operators. The company offers solutions for HACCP management, production labelling, operational controls, incident reporting and process standardisation in complex, distributed environments.<\/p>

Andy serves approximately 230 brands and 5,000 establishments<\/strong>, including international operators such as Starbucks, Popeyes and Domino’s Pizza<\/strong>.<\/p>

Andy’s addition enables CHR Group to strengthen its presence in Spain and Southern Europe, broaden its value proposition in the enterprise segment and complement its existing platforms, including ePackPro<\/strong> and Adoria<\/strong>. CHR Group serves approximately 185,000 users across 28,000 establishments in nearly 50 countries<\/strong>.<\/p>

The transaction is part of CHR Group’s international growth strategy, supported by Verto<\/strong> and a new strategic investment from PSG Equity<\/strong>, an international growth equity firm specialising in software and technology services companies.<\/p>

Rafa Li\u00f1\u00e1n Vega, CEO of Andy<\/strong>, said:
“Bondo Advisors was a key partner throughout the entire process. They helped us prepare the company, position the opportunity correctly, manage conversations with potential partners and negotiate a transaction that fits very well with Andy’s future. Their knowledge of the software sector, their experience in sell-side processes and their personal commitment made a very significant difference.”<\/p>

Joshua Novick, Managing Partner of Bondo Advisors<\/strong>, commented:
“Andy is a great example of the type of company that attracts strong interest in today’s market: vertical B2B software, mission-critical, with top-tier clients, a very clear value proposition and an extraordinary founding team. It has been a privilege for us to accompany Rafa, Carlos and the entire Andy team into this new chapter alongside CHR Group.”<\/p>

With this transaction, Bondo Advisors reinforces its positioning as a specialist advisor for sell-side software and SaaS transactions<\/strong>. Over the past twelve months, the firm has advised on three international deals in the software sector: the sale of MDirector<\/strong> to US-based Emblue<\/strong>, the sale of Nemon<\/strong> to Dutch company Eneve<\/strong>, and now the sale of Andy<\/strong> to CHR Group<\/strong> (France).<\/p>

About Bondo Advisors<\/strong>
Bondo Advisors is an independent M&A advisory firm specialising in sell-side transactions for software, SaaS, IT consulting, digital services, marketing technology and B2B tech-enabled business model companies<\/strong>.<\/p>

The firm supports founders, shareholders and management teams in majority sale processes, investor searches and corporate transactions, with a particular focus on small and mid-sized technology companies.<\/p>

Over the past twelve months, Bondo Advisors has advised on three cross-border transactions in the software sector: the sale of MDirector<\/strong> to Emblue<\/strong> in the United States, the sale of Nemon<\/strong> to Eneve<\/strong> in the Netherlands, and the sale of Andy<\/strong> to CHR Group<\/strong> in France.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Bondo Advisors has acted as exclusive sell-side financial advisor to Andy in its sale to CHR Group, a European group specialising in digital solutions for food safety, compliance and operational management in the foodservice sector. The transaction strengthens CHR Group’s position as one of Europe’s leading software platforms for foodservice, backed by PSG Equity and […]<\/p>\n","protected":false},"author":7,"featured_media":7063,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[],"class_list":["post-7062","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-en"],"_links":{"self":[{"href":"https:\/\/bondoadvisors.com\/en\/wp-json\/wp\/v2\/posts\/7062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bondoadvisors.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bondoadvisors.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bondoadvisors.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/bondoadvisors.com\/en\/wp-json\/wp\/v2\/comments?post=7062"}],"version-history":[{"count":4,"href":"https:\/\/bondoadvisors.com\/en\/wp-json\/wp\/v2\/posts\/7062\/revisions"}],"predecessor-version":[{"id":7068,"href":"https:\/\/bondoadvisors.com\/en\/wp-json\/wp\/v2\/posts\/7062\/revisions\/7068"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bondoadvisors.com\/en\/wp-json\/wp\/v2\/media\/7063"}],"wp:attachment":[{"href":"https:\/\/bondoadvisors.com\/en\/wp-json\/wp\/v2\/media?parent=7062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bondoadvisors.com\/en\/wp-json\/wp\/v2\/categories?post=7062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bondoadvisors.com\/en\/wp-json\/wp\/v2\/tags?post=7062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}