Just Eat acquires restaurant software platform Flyt for £22M

Just Eat, the takeout marketplace and food delivery service, has acquired Flyt, a startup that offers software for restaurants and restaurant suppliers. The acquisition price is £22 million, which Just Eat says it has financed from cash reserves.

…Described as a leading software platform that helps restaurant groups and restaurant suppliers integrate their point of sale (POS) systems with third-party services, Flyt has obvious synergies with Just Eat, providing technology that helps improve the experience of ordering online.

Better POS integration with various third-party services can help improve a restaurant’s customer experience and its operational efficiency. Specifically, Flyt says its technology platform removes the need for manual restaurant processes, reduces driver wait times in restaurants, and eliminates human error in order processing.

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