# TransAct Board Starts Strategic Review With BofA Securities

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/56324
Published: 2026-11-13T04:47:31.000Z
Updated: 2026-11-13T04:47:31.000Z
Section: Business

> Management cautioned that the review may not lead to a transaction or other strategic outcome.

TransAct Technologies Incorporated’s board has begun a strategic review with BofA Securities as adviser. The review may not lead to a transaction or other strategic outcome.

The company’s Food Service Technology revenue grew 33% year over year. Software revenue rose 61%, and recurring revenue increased 24%.

TransAct is charging for software, though some customers have pushed back during negotiations.