Open Tender augments ItsaCheckmate’s third-party ordering and management platform with first-party digital ordering and loyalty capabilities ItsaCheckmate Acquires Open Tender, a First-Party Ordering Platform For Restaurants ItsaCheckmate Acquires Open Tender, a First-Party Ordering Platform For Restaurants NEW YORK, March 21, 2023 (GLOBE NEWSWIRE) — ItsaCheckmate, the center of a restaurant’s digital ordering business, announces the acquisition …
Tag Archives: Mergers & Acquisitions
Grubhub is losing its second CEO in less than 2 years as owner explores sale of company
Adam DeWitt, chief executive of Grubhub, is stepping down as CEO of the nation’s No. 3 delivery operator, the company’s European owner, Just Eat Takeaway.com, announced Monday. DeWitt ran Grubhub alongside co-founder and former CEO Matt Maloney for years during its heyday. DeWitt served as the company’s chief financial officer until he became CEO in June 2021, when JET …
Chowly Announces Acquisition of Koala
CHICAGO–(BUSINESS WIRE)–Chowly, a restaurant technology company that integrates third-party delivery marketplaces with point-of-sale (POS) systems, today announced its acquisition of Koala, a guest experience platform that empowers established and emerging restaurant brands to elevate their digital ordering experience across web, app and kiosk to drive immediate results. The combined business will represent over 16,000 restaurant locations …
How Chowly’s Koala buy will broaden online ordering access for SMBs
With Koala’s enterprise-level digital ordering capabilities, Chowly will be able to offer a user-facing tool for its small and midsize restaurant clients. Prior to buying Koala, the company’s first acquisition, Chowly’s management knew it wasn’t interested in a buyout for consolidation alone, Chowly CEO Sterling Douglass said. Finding an acquisition target with a complimentary culture and …
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Chowly Announces Acquisition of Koala
CHICAGO–(BUSINESS WIRE)–Chowly, a restaurant technology company that integrates third-party delivery marketplaces with point-of-sale (POS) systems, today announced its acquisition of Koala, a guest experience platform that empowers established and emerging restaurant brands to elevate their digital ordering experience across web, app and kiosk to drive immediate results. The combined business will represent over 16,000 restaurant locations …
Just Eat Sells IFood Stake to Prosus for $1.8 Billion
Just Eat Takeaway.com NV agreed to sell its 33% stake in Latin American joint venture iFood to Prosus NV for as much as 1.8 billion euros ($1.8 billion). The deal fulfills a pledge to investors and will bolster Just Eat’s balance sheet, albeit at a price below a previous offer for the shares. The company …
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SELLING A SHARE IN BRAZIL’S IFOOD FOR “UP TO” $1.8 BILLION IS JUST EAT TAKEAWAY
Just Eat Takeaway, a European food delivery and ordering behemoth, has announced that it would sell its investment in Brazil’s iFood to Prosus for up to €1.8 billion ($1.8 billion). A total of €1.5 billion in cash is on the table for the first deal, with an additional €300 million contingent on iFood’s success over …
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ParTech Acquires Menu Technologies
ParTech, a restaurant and retail point-of-sale provider for enterprise restaurants, has acquired Menu Technologies, an omnichannel ordering platform for international restaurant brands. According to Par, based in New Hartford, New York, the Menu acquisition adds an online ordering component to its existing suite of commerce solutions and better position the organization as one of the …
Walmart to buy its gig-labor management partner
Dive Brief: Walmart is buying Delivery Drivers Inc. (DDI), the gig-labor management company that is the partner for the retailer’s Spark Driver platform, a Walmart spokesperson said in an email. The acquisition is for an undisclosed amount, according to Insider, which first reported the news. The acquisition of DDI aims to streamline the driver experience with …
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Grubhub CEO: A strong partnership is preferred as company mulls future
Grubhub’s parent company Just Eat Takeaway continues to seek out strategic partnerships as a way to improve its U.S. business. “The CEO Jitse [Groen] of Takeaway has been very vocal about, ‘Hey my preference is to have a strong partner and continue to have ownership in Grubhub,’” Grubhub CEO Adam DeWitt said Thursday during Wall Street Journal’s Global Food Forum. “A sale …
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