ezCater Buys a Monkey, Raises Even More Capital

Fresh off a healthy haul of $100 million in investor cash last fall and continued European expansion after acquiring GoCater, ezCater just landed another $140 million in fun money and acquired the Monkey Group, a Canadian software and training provider that’s the developer of Monkey, a cloud-based platform for takeout, delivery and catering. With a snazzy $1.25 billion valuation making waves, the Boston-based catering providers growth options have widened.

…“The biggest thing everybody wants is integration into their point of sale, which is not straightforward,” Mallett said, partially due to servers needing to zero-out their accounts at the end of each shift. “That’s something Monkey is ahead of us on,” which she noted will help the company expand even more quickly, both in North America and beyond its current stable of approximately 60,000 restaurant and catering providers.

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