Like HotSchedules

closed 7/10/2019 via PE Hub

HotSchedules merged with Fourth Ltd.,

synopsis: Marlin Equity Partners is pleased to announce that it has acquired HotSchedules and Fourth, two leading providers of workforce, inventory and operations management solutions to the global restaurant and hospitality industry. Marlin has merged the two companies to create the industry’s most comprehensive back-of-house software suite.
buyer parent: Marlin Equity Partners
buyer: Fourth Ltd.
Fourth provides complete, end-to-end restaurant and hospitality management solutions that empower operators to optimize profits, enhance guest satisfaction, improve employee engagement and scale profitably. "
target: HotSchedules
HotSchedules provides state-of-the-art technology, services and user experiences for the restaurant, retail and hospitality verticals. Over 30,000 customers across 170,000+ locations globally rely on HotSchedules’ software to help them control costs, maintain compliance, and improve visibility.
price ($mm)
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closed 11/17/2021 via BusinessWire

SpotOn, acquired Dolce Software

synopsis: SpotOn, the leading software and payments provider, has acquired Dolce Software, a labor-management solution for restaurants. Dolce provides a cloud-based scheduling and timekeeping solution that integrates with POS systems. Their software allow users to manage labor costs and payrolls from a single screen.
buyer: SpotOn
SpotOn is a cutting-edge payments and software company redefining merchant services. SpotOn brings together payment processing, customer engagement and business management solutions, giving merchants richer data and tools that empower them to more effectively run and grow their business. "
target: Dolce Software
Dolce Software is a labor-management solution for restaurants. Dolce provides a cloud-based scheduling and timekeeping solution that integrates with POS systems. Their software allow users to manage labor costs and payrolls from a single screen.
price ($mm)
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closed 4/1/2021 via PR Newswire

Squarespace, Inc., acquired Tock

synopsis: Squarespace, the all-in-one website building and ecommerce platform, announced it has acquired Tock, a leading unified system serving the hospitality industry with online reservations, table management, takeout, and events in one place.
buyer: Squarespace, Inc.
Squarespace empowers millions of dreamers, makers, and doers by providing them with the tools they need to bring their creative ideas to life. On Squarespace’s dynamic all-in-one platform, customers can claim a domain, build a website, sell online, and market a brand. "
target: Tock
Tock is a leading unified system serving the hospitality industry with online reservations, table management, takeout, and events in one place. Tock's cloud-based platform provides businesses with sophisticated CRM and dynamic pricing tools to increase sales and deliver world-class hospitality.
price ($mm)
$400
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/11/2020 via BusinessWire

SpotOn, acquired Seatninja

synopsis: SpotOn Transact, Inc, a leading software and payments company, announced it has acquired Seatninja, a reservation management company whose technology stack helps restaurants connect with their customers and grow revenue.
buyer: SpotOn
SpotOn is a cutting-edge payments and software company redefining merchant services. SpotOn brings together payment processing, customer engagement and business management solutions, giving merchants richer data and tools that empower them to more effectively run and grow their business. "
target: Seatninja
Seatninja is a reservation management company whose technology stack helps restaurants connect with their customers and grow revenue. Their tool can be seamlessly integrated with other technologies used by a full service restaurant.
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announced 5/15/2019 via BusinessWire

American Express Company, will acquire Resy

synopsis: American Express announced it has agreed to acquire Resy, the digital restaurant reservation booking and management platform. Resy offers a table management, customer relationship management and booking technology suite for restaurants, with a consumer-facing restaurant reservation app and website to enhance dining experiences worldwide.
buyer: American Express Company (AXP:$34,260.00)
The American Express Company, also known as Amex, is an American multinational financial services corporation. American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. "
target: Resy
Resy is a hospitality technology company, built for and powered by restaurant lovers. Resy offers reservation management software and a consumer-facing restaurant reservation app to elevate and enhance dining experiences worldwide. Consumers can book and manage reservations on Resy.com and the app.
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announced 10/8/2018 via Company Press Release

HOSPITALITY.digital, will acquire Restu s.r.o.

synopsis: HOSPITALITY.digital, a German company that actively contributes to the digitalisation of the hospitality sector, will acquire Restu from Miton, a Czech venture capital company. Restu is the largest restaurant guide and reservation platform for diners and restaurants in the Czech Republic.
buyer parent: Metro AG
buyer: HOSPITALITY.digital
HOSPITALITY.digital is a German company that actively contributes to the digitalisation of the hospitality sector. The company implements a variety of digital solutions and innovations for hotels, restaurants, caterers and trader businesses. "
target parent: MITON CZ, s.r.o.
target: Restu s.r.o.
Restu is the largest restaurant guide and reservation platform for diners and restaurants in the Czech Republic. Restu allows users to discover restaurants, cafes, or bars, and reserve a table with a single click using their computer or mobile device.
price ($mm)
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closed 4/9/2018 via BNC Analysis

AccorHotels, acquired ResDiary

synopsis: Accor Hotels — a group whose portfolio includes properties ranging from luxury The Savoy, (under the Fairmont brand), in London, to budget Ibis hotels across Europe — has acquired the Glasgow-born restaurant reservation platform, ResDiary. ResDiary was co-founded in Glasgow in 2004 by restaurateur of 25 years, Mike Conyers.
buyer: AccorHotels (ENXTPA:AC:$2,283.39)
AccorHotels is a French multinational hotel group. With hotels in more than 90 countries stretching across all the continents, AccorHotels offers a vast choice of destinations. On the AccorHotels portal, a range from Sofitel to Ibis via Pullman and Novotel, offers accommodation to suit all budgets. "
target: ResDiary
ResDiary is a table reservation system that processes reservations on behalf of thousands of venues across the world. ResDiary was co-founded in Glasgow in 2004 by restaurateur of 25 years, Mike Conyers.
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closed 4/6/2016 via Yahoo, Inc.

The Chope Group, acquired MakanLuar

synopsis: Chope Group, the largest online booking service in Asia, announced its acquisition of MakanLuar, Chope's Indonesian equivalent and the market-leading reservation platform in the country. MakanLuar equips each dining establishment with a backend platform for accurate real-time inventory as users make free, instantly confirmed online reservations.
buyer: The Chope Group
Chope helps restaurants use online booking channels, improve yield, and keep better track of their clients' preferences. Chope’s website and apps help diners discover and make reservations at the best and most popular restaurants in Singapore, Hong Kong, Shanghai, Beijing, and Bangkok. "
target: MakanLuar
MakanLuar is the first fully automated, customized and integrated service that lets consumers make Instant Online Reservations at quality restaurants in Indonesia. Highly curated with a focus on quality maintenance, consumers can be booked at a restaurant within a few clicks.
price ($mm)
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closed 9/3/2015 via PR Newswire

OpenTable, acquired AS Digital

synopsis: The Priceline Group announced the acquisition of AS Digital, a leading provider of restaurant table and reservation management solutions. Based in Australia, AS Digital will expand The Priceline Group's global footprint in the digital restaurant reservation booking business. AS Digital will roll into the OpenTable brand within The Priceline Group.
buyer parent: Priceline
buyer: OpenTable (OPEN:$198.33)
OpenTable is the world's leading provider of online restaurant reservations. The OpenTable service enables diners to see which restaurants have available tables, select a restaurant based on verified diner reviews, menus and other helpful information, and easily book a reservation. "
target: AS Digital
AS Digital operates ResPAK, a comprehensive table reservation and management software solution with a robust feature set that helps thousands of restaurants in over 40 countries manage their front-of-house operations seamlessly and efficiently.
price ($mm)
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announced 3/5/2015 via Company Press Release

Recruit Co., Ltd, will acquire Quandoo GmbH

synopsis: Recruit Holdings Co., Ltd. announced that is has decided to acquire a majority stake of total outstanding shares in Quandoo GmbH, an online restaurant reservation service provider operating mainly in Germany and other countries in the EU. Restaurateurs are equipped with an industry-leading modular commerce platform.
buyer: Recruit Co., Ltd (TSE:6098:$22,669.40)
Recruit Co. is a leading human resources and information services company. HR services include temporary staffing, permanent placement, recruitment advertising, consulting, assessment and training. Based in Japan, Recruit has more than 22,000 employees and operates in Asia and North America. "
target: Quandoo GmbH
Quandoo is a real-time reservation platform for restaurants. Restaurateurs are equipped with an industry-leading modular commerce platform, including a reservation management system and a yield management tool that enables them to market free capacities to local diners.
price ($mm)
$219*
rev ($mm)
$5
EBITDA ($mm)
EV / rev
45.4x
EV / EBITDA
announced 6/13/2014 via PR Newswire

Priceline, will acquire OpenTable

synopsis: The Priceline Group Inc., a leader in global online hotel reservations, and OpenTable, Inc., the world's leading provider of online restaurant reservations, announced that they have entered into a definitive agreement whereby The Priceline Group will acquire OpenTable.
buyer: Priceline (PCLN:$9,215.00)
Priceline is a leader in global online hotel reservations, with over 270,000 participating hotels worldwide. The Group is composed of four primary brands - Booking.com, priceline.com, Agoda.com and Rentalcars.com - and several ancillary brands. "
target: OpenTable (OPEN:$198.33)
OpenTable is the world's leading provider of online restaurant reservations. The OpenTable service enables diners to see which restaurants have available tables, select a restaurant based on verified diner reviews, menus and other helpful information, and easily book a reservation.
price ($mm)[EV]
$2,479 [$2,361]
rev ($mm)
$198
EBITDA ($mm)
$60
EV / rev
12.6x
EV / EBITDA
41.5x
announced 7/18/2013 via PR Newswire

Yelp, will acquire SeatMe Inc.

synopsis: Yelp Inc., the company that connects consumers with great local businesses, announced it has agreed to acquire SeatMe, Inc, a web and iPad-app based reservation solution for the restaurant and nightlife categories.
buyer: Yelp (YELP:$787.22)
Yelp is an online urban city guide that helps people find cool places to eat, shop, drink, relax and play, based on the informed opinions of a vibrant and active community of locals in the know. "
target: SeatMe Inc.
SeatMe provides a reservations and guest management system for restaurants. SeatMe’s complete restaurant ERB solution handles guest, floor, book and waitlist management and provides a variety of promotional tools.
price ($mm)
$13
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 10/1/2010 via

Open Table, Inc., acquired toptable

synopsis: OpenTable, Inc., a leading provider of free online reservations for diners and guest management systems for restaurants, announced the closing of its acquisition of all of the shares of toptable.com, a leading restaurant reservation site in the United Kingdom, for approximately $55 million USD in cash.
buyer: Open Table, Inc. (OPEN:$198.33)
OpenTable is a leading provider of free, real-time online restaurant reservations for diners and reservation and guest management solutions for restaurants. OpenTable has more than 11,000 restaurant customers, and since its inception in 1998, has seated more than 110 million diners around the world."
target: toptable
Founded in 2000, toptable.com is one of Europe's largest online dining communities and restaurant booking services. toptable.com provides a free and easy-to-use service, allowing diners to browse and book at more than 5,000 restaurants across the United Kingdom and throughout Europe.
price ($mm)
$50
rev ($mm)
$10
EBITDA ($mm)
EV / rev
5.5x
EV / EBITDA
closed 11/24/2015 via PR Newswire

Velocity Mobile LTD., acquired Uncover

synopsis: Velocity, the world's leading international digital hospitality service, connecting guests with restaurant and nightlife experiences, announced its acquisition of Uncover, one of the world's leading restaurant discovery and reservation apps.
buyer parent: Spark Capital
buyer: Velocity Mobile LTD.
Velocity is the world's leading international digital hospitality service, connecting guests with restaurant and nightlife experiences. Velocity partners with the world's best venues and empowers them to attract, delight, and retain global customers through the power of mobile payments and loyalty. "
target: Uncover
Uncover provides real-time inventory to London's most desirable restaurants – including 44 Michelin stars – such as Alain Ducasse Restaurants, Nobu, Coya, LIMA, Restaurant Story, Taberna do Mercado, and The Clove Club.
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closed 5/21/2015 via BNC Analysis

lafourchette, acquired Dimmi Pty Limited

synopsis: Dimmi has been acquired by TripAdvisor and will join their restaurant division which operates under the brand name ‘TheFork’ (La Fourchette) in Europe. DIMMI is an online restaurant booking service that allows Australians to book at one of the 2500 listed restaurants based on location, availability, price, type of cuisine and diner reviews.
buyer parent: TripAdvisor LLC
buyer: lafourchette
lafourchette is the leading online and mobile reservation platform for restaurants in France, Spain and Switzerland. The company also offers management software solutions helping restaurants to maximize online business by providing an effective and flexible booking, discount and data tool. "
target: Dimmi Pty Limited
Dimmi is Australia's restaurant booking network, designed to bring diners and restaurants together. Recommendations and reservations are now a no-stress affair, because they have partnered with more than 2,500 restaurants nationwide and the country's leading online restaurant guides.
price ($mm)
$18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/22/2015 via BNC Analysis

Zomato, acquired NexTable, Inc.

synopsis: Zomato, an online and mobile restaurant search and discovery service, has acquired NexTable, a U.S.-based restaurant reservations and table-management platform that competes against the likes of Priceline’s OpenTable and SeatMe from Yelp.
buyer: Zomato (:$254.21)
Zomato is a leading restaurant search service that provides in-depth information for over a million restaurants across 22 countries. Zomato can be accessed online or via their interactive iOS and Android apps. "
target: NexTable, Inc.
NexTable is a leading provider of revolutionary cloud-based iPad App for advanced online restaurant reservation, intelligent table management, smart texting platform, CRM and marketing solutions.
price ($mm)
$52
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 12/16/2013 via PR Newswire

Open Table, Inc., acquired Quickcue

synopsis: OpenTable, the world's leading provider of online restaurant reservations, announced that it has acquired Quickcue, a provider of guest management systems for restaurants. OpenTable will support its 40 existing Quickcue customers and plans to discontinue offering the product to new customers while it works on its next-generation solution.
buyer: Open Table, Inc. (OPEN:$198.33)
OpenTable is the world's leading provider of online restaurant reservations. The OpenTable service enables diners to see which restaurants have available tables, select a restaurant based on verified diner reviews, menus and other helpful information, and easily book a reservation. "
target: Quickcue
Quickcue, LLC, is a provider of guest management systems for restaurants. They provide their Quickcue station manager for businesses to engage and organize customers.
price ($mm)
$12
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 11/23/2017 via Company Press Release

Access Group, acquired DesignMyNight

synopsis: The Access Group, one of the UK’s leading providers of software to mid-market businesses, has acquired DesignMyNight, a nightlife discovery website. DesignMyNight has two SaaS products: Collins, a reservation and enquiry management tool for casual dining restaurants, bars and pubs, and Tonic, an event ticketing and marketing platform.
buyer parent: TA Associates
buyer: Access Group
Access Group is a leading provider of fully integrated business management software. Its portfolio spans ERP, finance, HR, Payroll, recruitment, warehousing, business intelligence, professional service automation and manufacturing. "
target: DesignMyNight
DesignMyNight is website that lets users discover and book the newest and best nightlife locations in the UK. The company also created Collins, a booking and enquiry management software for bars, restaurants, pubs and clubs, and Tonic, one of the leading ticketing platforms in the UK.
price ($mm)
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closed 11/5/2018 via BusinessWire

Resy, acquired Reserve Media, Inc.

synopsis: Resy, the ground-breaking hospitality technology company, announced its acquisition of competitor Reserve, the country's premier hospitality technology platform, helping restaurants and guests connect. Reserve helps guests discover restaurants, book reservations and get personalized service.
buyer: Resy
Resy is a SaaS restaurant reservation tool that uses technology to redefine hospitality by offering a cutting edge real-time cloud-based system with flat pricing, resetting industry expectations about how much value restaurants should expect from technology partners. "
target: Reserve Media, Inc.
Reserve is the country's premier hospitality technology platform, helping restaurants and guests connect. Reserve helps guests discover restaurants, book reservations and get personalized service.
price ($mm)
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closed 3/1/2017 via BusinessWire

Yelp, acquired NoWait

synopsis: Yelp Inc. announced it has acquired Nowait, a restaurant technology company with the industry’s leading waitlist system and seating tool. Nowait was founded in 2010 as the first mobile network for waitlist restaurants that enables users to discover real-time seating availability and remotely add their name to the waitlist.
buyer: Yelp (YELP:$787.22)
Yelp connects people with great local businesses. Their users have contributed more than 71 million cumulative reviews of almost every type of local business, from restaurants, boutiques and salons to dentists, mechanics, plumbers and more. "
target: NoWait
Nowait is a restaurant technology company with the industry’s leading waitlist system and seating tool. Nowait was founded in 2010 as the first mobile network for waitlist restaurants that enables users to discover real-time seating availability and remotely add their name to the waitlist.
price ($mm)
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closed 7/10/2019 via PE Hub

HotSchedules merged with Fourth Ltd.,

synopsis: Marlin Equity Partners is pleased to announce that it has acquired HotSchedules and Fourth, two leading providers of workforce, inventory and operations management solutions to the global restaurant and hospitality industry. Marlin has merged the two companies to create the industry’s most comprehensive back-of-house software suite.
buyer parent: Marlin Equity Partners
buyer: Fourth Ltd.
Fourth provides complete, end-to-end restaurant and hospitality management solutions that empower operators to optimize profits, enhance guest satisfaction, improve employee engagement and scale profitably. "
target: HotSchedules
HotSchedules provides state-of-the-art technology, services and user experiences for the restaurant, retail and hospitality verticals. Over 30,000 customers across 170,000+ locations globally rely on HotSchedules’ software to help them control costs, maintain compliance, and improve visibility.
price ($mm)
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announced 10/6/2021 via GlobeNewswire

Fourth Ltd., will acquire PeopleMatter and Hiring Manager

synopsis: Fourth, a leading provider of workforce and inventory solutions for the restaurant, hospitality and retail industries, announced the acquisition of Snagajob’s purpose-built, applicant tracking (ATS) and onboarding solutions for hourly-waged employees—PeopleMatter and Hiring Manager.
buyer parent: Marlin Equity Partners
buyer: Fourth Ltd.
Fourth Enterprises LLC, parent company of HotSchedules and Fourth, is a leading provider of end-to-end workforce management and operations software solutions for the restaurant, hospitality and retail industries. "
target parent: Snagajob
target: PeopleMatter and Hiring Manager
As mobile-first solutions for hiring, training, onboarding, and performance management tools, PeopleMatter and Hiring Manager reduce the time managers spend on hiring as well as the effort required to attract and hire great talent while increasing operational efficiencies.
price ($mm)
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closed 7/10/2019 via PE Hub

HotSchedules merged with Fourth Ltd.,

synopsis: Marlin Equity Partners is pleased to announce that it has acquired HotSchedules and Fourth, two leading providers of workforce, inventory and operations management solutions to the global restaurant and hospitality industry. Marlin has merged the two companies to create the industry’s most comprehensive back-of-house software suite.
buyer parent: Marlin Equity Partners
buyer: Fourth Ltd.
Fourth provides complete, end-to-end restaurant and hospitality management solutions that empower operators to optimize profits, enhance guest satisfaction, improve employee engagement and scale profitably. "
target: HotSchedules
HotSchedules provides state-of-the-art technology, services and user experiences for the restaurant, retail and hospitality verticals. Over 30,000 customers across 170,000+ locations globally rely on HotSchedules’ software to help them control costs, maintain compliance, and improve visibility.
price ($mm)
rev ($mm)
EBITDA ($mm)
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announced 6/24/2015 via Company Press Release

Insight Venture Partners, will acquire Fourth Ltd.

synopsis: ECI Partners announced that it has entered into a definitive agreement to sell majority ownership of Fourth, the world’s leading provider of cloud-based (SaaS) cost control solutions to the hospitality industry, to New York-based venture capital and private equity firm Insight Venture Partners.
buyer: Insight Venture Partners
Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries. It has raised more than $10 billion and invested in more than 200 companies worldwide. "
target parent: ECI Partners
target: Fourth Ltd.
Founded in 1999, Fourth’s real-time software helps restaurants, pubs and hotel groups manage their key costs, labour, stock and purchasing more efficiently.
price ($mm)
rev ($mm)
$36
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 9/17/2012 via BusinessWire

Fourth Hospitality, acquired Adaco Inc.

synopsis: Fourth, the global SaaS provider of labour, payroll, inventory and procurement systems for the restaurant/bar, hotel, contract catering and leisure markets, announced the acquisition of Adaco Inc. , the leading supplier of SaaS based purchasing and inventory control solutions to the hotel sector in the US and throughout the world.
buyer: Fourth Hospitality
Fourth employs 200 people, with offices in London and Cheshire and is the leading provider of completely integrated cloud-based solutions for the hospitality industry in the world. Its solutions are used by the hospitality sector at 13,250 sites in 22 countries. "
target: Adaco Inc.
Adaco created the first inventory control software specifically for the hospitality industry in 1984, and has taken a leadership position in best practices procurement and reporting ever since.
price ($mm)
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closed 7/10/2019 via PE Hub

HotSchedules merged with Fourth Ltd.,

synopsis: Marlin Equity Partners is pleased to announce that it has acquired HotSchedules and Fourth, two leading providers of workforce, inventory and operations management solutions to the global restaurant and hospitality industry. Marlin has merged the two companies to create the industry’s most comprehensive back-of-house software suite.
buyer parent: Marlin Equity Partners
buyer: Fourth Ltd.
Fourth provides complete, end-to-end restaurant and hospitality management solutions that empower operators to optimize profits, enhance guest satisfaction, improve employee engagement and scale profitably. "
target: HotSchedules
HotSchedules provides state-of-the-art technology, services and user experiences for the restaurant, retail and hospitality verticals. Over 30,000 customers across 170,000+ locations globally rely on HotSchedules’ software to help them control costs, maintain compliance, and improve visibility.
price ($mm)
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closed 9/14/2016 via BNC Analysis

BirchStreet Systems Inc., acquired AccuBar

synopsis: BirchStreet Systems, the leading cloud based procure-to-pay technology provider for the hospitality industry, announced its acquisition of AccuBar, a leading cloud based, mobile enabled beverage inventory software solution provider.
buyer: BirchStreet Systems Inc.
As the recognized leader in the hospitality market, BirchStreet Systems, Inc. provides its cloud procure-to-pay platform to restaurants, casinos, country clubs, food service management, airports, stadiums and some of the world’s largest hotel companies. "
target: AccuBar
AccuBar helps hospitality operations track their liquor, beer and wine inventory. It is the most comprehensive bar inventory management system available. Their system has been used across the board in the industry, from small bars and nightclubs to the largest resorts, hotels and country clubs.
price ($mm)
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announced 6/24/2015 via Company Press Release

Insight Venture Partners, will acquire Fourth Ltd.

synopsis: ECI Partners announced that it has entered into a definitive agreement to sell majority ownership of Fourth, the world’s leading provider of cloud-based (SaaS) cost control solutions to the hospitality industry, to New York-based venture capital and private equity firm Insight Venture Partners.
buyer: Insight Venture Partners
Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries. It has raised more than $10 billion and invested in more than 200 companies worldwide. "
target parent: ECI Partners
target: Fourth Ltd.
Founded in 1999, Fourth’s real-time software helps restaurants, pubs and hotel groups manage their key costs, labour, stock and purchasing more efficiently.
price ($mm)
rev ($mm)
$36
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 6/3/2015 via BNC Analysis

SiteMinder Pty Ltd., acquired Globekey Systems Pty Ltd

synopsis: SiteMinder is looking to trigger further growth of its booking system provider strategy in Asia by acquiring Globekey, a company that develops online reservation software systems for hotel, motel or travel websites. SiteMinder allows hotels to attract, reach and convert guests across the globe.
buyer: SiteMinder Pty Ltd.
As the leading cloud platform for hotels, SiteMinder allows hotels to attract, reach and convert guests across the globe. They serve hotels of all sizes with award-winning solutions for independents and groups alike, wherever they are in the world. "
target: Globekey Systems Pty Ltd
Globekey Systems Pty Ltd develops online reservation software systems for hotel, motel or travel websites. The company was founded in 2000 and is based in Mosman, Australia.
price ($mm)
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closed 8/19/2013 via BusinessWire

Verisae, acquired WorkOasis

synopsis: Verisae, Inc., a leading global provider of maintenance, energy, and sustainability solutions, announced the acquisition of WorkOasis. WorkOasis is a cloud-based software technology company specialized in serving the C-store, retail, banking, restaurant, and service management company industries.
buyer parent: Marlin Equity Partners
buyer: Verisae
Verisae is the leading global provider of SaaS, cloud-based solutions that help large retailers focused in grocery, food service and specialty retail manage their maintenance, energy, environmental and sustainability programs. "
target: WorkOasis
WorkOasis is a cloud-based software technology company specialized in serving the C-store, retail, banking, restaurant, and service management company industries.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/17/2012 via BusinessWire

Fourth Hospitality, acquired Adaco Inc.

synopsis: Fourth, the global SaaS provider of labour, payroll, inventory and procurement systems for the restaurant/bar, hotel, contract catering and leisure markets, announced the acquisition of Adaco Inc. , the leading supplier of SaaS based purchasing and inventory control solutions to the hotel sector in the US and throughout the world.
buyer: Fourth Hospitality
Fourth employs 200 people, with offices in London and Cheshire and is the leading provider of completely integrated cloud-based solutions for the hospitality industry in the world. Its solutions are used by the hospitality sector at 13,250 sites in 22 countries. "
target: Adaco Inc.
Adaco created the first inventory control software specifically for the hospitality industry in 1984, and has taken a leadership position in best practices procurement and reporting ever since.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/23/2018 via BNC Analysis

Amadeus IT Group S.A., acquired TravelIO

synopsis: Amadeus, a Spain based company that provides products and services to sell travel, has acquired Hiberus Travel IO Solutions (TravelIO) by increasing its stake from 25% to 95%. TravelIO is a software company in Spain that provides inventory management software to help tour operators and travel agencies manage their products and increase their sales.
buyer: Amadeus IT Group S.A. (BME:AMS:$2,670.00)
Amadeus is a Spain based company that provides products and services to sell travel, enhance the traveler experience, and build customer engagement. They help businesses to reduce costs and improve their revenue. The company serves airlines, travel agencies, hotels, tour operators, and more. "
target parent: Henneo
target: TravelIO
Hiberus Travel IO Solutions (TravelIO) is a leading software company in Spain. They provide web-based inventory management software to tour operators and travel agencies. TravelIO helps operators to increase their sales by allowing them to manage and add products and services to their offerings.
price ($mm)
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closed 11/8/2011 via PR Newswire

Travelclick, Inc., acquired EZYield.com, Inc.

synopsis: TravelClick, the leading global provider of revenue generating solutions for hoteliers, has acquired EZYield, the premier provider of distribution management solutions for hotels. Its integrated solutions suite allows hotels to send and update availability, rates and inventory on more than 650 travel websites via a simple online portal.
buyer parent: Genstar Capital LLC
buyer: Travelclick, Inc.
Travelclick is a leading provider of profitable revenue generating solutions for hoteliers worldwide. Travelclick offers hotels world-class reservation solutions, business intelligence products and comprehensive media and marketing solutions to help hotels grow their business. "
target: EZYield.com, Inc.
EZYield is the premier provider of distribution management solutions for hotels. Its integrated solutions suite allows hotels to send and update availability, rates and inventory on more than 650 travel websites via a simple online portal.
price ($mm)
rev ($mm)
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announced 1/15/2014 via PR Web

NGB Markets, will acquire Local Food Systems Inc

synopsis: NGB Markets, Inc. announced they will acquire LFS (Local Food Systems, Inc.). Local Food Systems, Inc is a software company for food procurement buyers. They serves food hubs, independent hospitals and schools, and food services.
buyer: NGB Markets
NGB provides food commodity buyers and sellers with an easy to use and economical web-based platform that utilizes rich data to save time and assist rapid decision making, putting more money into the pockets of buyers and sellers. "
target: Local Food Systems Inc
Local Food Systems, Inc. ("LFS") is a software company for food procurement buyers. LFS has developed an electronic platform that allows buyers to indicate the type, number of units, and required timeframe of products they need and indicate a preferred price.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/21/2019 via BNC Analysis

e-foods, acquired CaterCost

synopsis: e-foods, a provider of online purchase to payment solutions for the food and hospitality industry, has acquired CaterCost, a company that delivers cloud-based menu management software for caterers. CaterCost helps with every aspect of menu management; from helping clients understand recipe costing, to keeping them compliant with kitchen regulation.
buyer: e-foods
Based in the UK, e-foods is a provider of online purchase to payment solutions for the food and hospitality industry. Behind e-foods’ industry leading IT solution is a company expert in the management of procurement, purchase and supply across the full scope of day-to-day purchasing requirements. "
target: CaterCost
Based in the UK, CaterCost delivers cloud-based menu management software for caterers. CaterCost helps with every aspect of their clients' menu management; from helping clients take the guesswork out of recipe costing, to keeping them compliant with kitchen regulation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/6/2018 via BNC Analysis

AccorHotels, acquired Adoria

synopsis: French giant AccorHotels has acquired Adoria, Europe’s leading software platform offering management solutions for corporate and contract caterers. Adoria was founded in France in 2003 and is used by 2,700 organisations, offering solutions for tendering, procurement, logistics and production.
buyer: AccorHotels (ENXTPA:AC:$2,283.39)
AccorHotels is a French multinational hotel group. With hotels in more than 90 countries stretching across all the continents, AccorHotels offers a vast choice of destinations. On the AccorHotels portal, a range from Sofitel to Ibis via Pullman and Novotel, offers accommodation to suit all budgets. "
target: Adoria
Adoria is Europe’s leading software platform offering management solutions for corporate and contract caterers. Adoria was founded in France in 2003 and is used by 2,700 organisations, offering solutions for tendering, procurement, logistics and production.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/17/2021 via BusinessWire

SpotOn, acquired Dolce Software

synopsis: SpotOn, the leading software and payments provider, has acquired Dolce Software, a labor-management solution for restaurants. Dolce provides a cloud-based scheduling and timekeeping solution that integrates with POS systems. Their software allow users to manage labor costs and payrolls from a single screen.
buyer: SpotOn
SpotOn is a cutting-edge payments and software company redefining merchant services. SpotOn brings together payment processing, customer engagement and business management solutions, giving merchants richer data and tools that empower them to more effectively run and grow their business. "
target: Dolce Software
Dolce Software is a labor-management solution for restaurants. Dolce provides a cloud-based scheduling and timekeeping solution that integrates with POS systems. Their software allow users to manage labor costs and payrolls from a single screen.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/7/2020 via PR Newswire

Mad Mobile, will acquire Cake Corporation

synopsis: Mad Mobile, Inc., a leading mobile platform for enterprise restaurants and retailers, announced it has signed an agreement to acquire CAKE, a restaurant technology company based in Silicon Valley and owned by Sysco Corporation. The CAKE Point-of-Sale (POS) solution serves more than 5,000 restaurant locations.
buyer: Mad Mobile
Mad Mobile is an Apple Mobility Partner for enterprise retail and restaurants. Mad Mobile's unique technology modernizes legacy POS systems to launch mobile-first experiences for employees and customers including Mobile POS, Mobile Ordering, Self-Checkout, Contactless Payment, and Curbside Pickup. "
target parent: Sysco Corporation (SYY)
target: Cake Corporation
CAKE is a company offering restaurant-specific technology solutions. CAKE's platform seamlessly integrates front and back of house restaurant operations, allowing restaurant owners and operators to achieve unparalleled visibility into and control over their POS and other business operations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/24/2019 via BusinessWire

Toast, Inc., acquired StratEx Partners, LLC

synopsis: Toast, an all-in-one point-of-sale and restaurant management platform, announced it acquired StratEx, a leading provider of HR and payroll software for restaurants. StratEx’s HR software and consulting services help restaurants automate applicant tracking, scheduling, payroll, benefits, and labor law compliance.
buyer: Toast, Inc.
Toast is an all-in-one point-of-sale and restaurant management platform. As a cloud-based system built specifically for restaurants, Toast offers advanced functionality including tableside ordering, quick menu modifications, real-time enterprise reporting, online ordering, and labor management. "
target: StratEx Partners, LLC
StratEx is a leading provider of HR and payroll software for restaurants. StratEx’s HR software and consulting services help restaurants automate applicant tracking, scheduling, payroll, benefits, and labor law compliance.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/19/2022 via BusinessWire

Meal Ticket, acquired Marketman

synopsis: Meal Ticket, a leading end-to-end business management solution for foodservice distributors, and MarketMan, a leading inventory management and supplier automation platform for the restaurant industry, announced a merger to combine their complementary software.
buyer parent: Providence Equity Partners Inc.
buyer: Meal Ticket
Meal Ticket is a software provider in the food service supply chain, delivering a suite of SaaS tools to provide distributors and manufacturers visibility into critical market data. The company’s solutions enable its clients to shift from analog systems to fully automated, software-driven solutions."
target: Marketman
MarketMan is an inventory management platform that helps restaurants keep costs under control and efficiently manage inventory by automating back-of-house operations. MarketMan’s cloud-based inventory management and purchasing solution simplifies all back-of-house operations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/9/2021 via Company Press Release

Toast, Inc., acquired xtraCHEF

synopsis: Toast, the end-to-end cloud platform purpose-built for the restaurant community, has acquired xtraCHEF, a suite of back office tools for restaurants, including accounts payable automation and inventory management.
buyer: Toast, Inc.
Toast is an all-in-one point-of-sale and restaurant management platform. As a cloud-based system built specifically for restaurants, Toast offers advanced functionality including tableside ordering, quick menu modifications, real-time enterprise reporting, online ordering, and labor management. "
target: xtraCHEF
xtraCHEF is a suite of back office tools for restaurants, including accounts payable automation and inventory management. xtraCHEF arms operators to take control of rising inventory costs, automate accounts payable, and streamline back office tasks to increase overall profitability.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/19/2020 via Company Press Release

Nithit Sahornlak, will acquire ITEC Software Co., Ltd.

synopsis: Nithit Sahornlak, a former shareholder of ITEC Software Co., Ltd., will acquire a 51% stake in ITEC Software from Com7, a retailer of IT products in Thailand. ITEC Software is a provider of point of sale (POS) software solutions in Thailand. Their POS software enable businesses to more efficiently take orders and keep track of payments and stock.
buyer: Nithit Sahornlak
Nithit Sahornlak is a former shareholder of ITEC Software Co., Ltd. "
target parent: Com7 Public Company Limited
target: ITEC Software Co., Ltd.
ITEC Software is a provider of point of sale (POS) software solutions in Thailand. ITEC Software offers POS solutions for retailers and restaurants. Their POS software features inventory management solutions and enable businesses to more efficiently take orders and keep track of payments and stock.
price ($mm)
$0.18*
rev ($mm)
$0
EBITDA ($mm)
EV / rev
1.1x
EV / EBITDA
closed 4/2/2020 via BNC Analysis

Kitchens Centre, acquired Posify

synopsis: Kitchens Centre has acquired Posify, a technology-driven management solution for Food & Beverage brands. It allows brands to manage orders on a single platform, while also helping with inventory management, billing and delivery tracking.
buyer: Kitchens Centre
Founded in 2019 by Lakshay Jain, Kitchens Centre offers turnkey solutions to cloud kitchens—right from providing commercial space and kitchen infrastructure to assisting with branding, order management, delivery and maintenance services. "
target: Posify
Based in India, Posify is a technology driven management solution powering all the food & beverage business models running in the market. Posify empowers restaurants with the tools to get their business online, interact with customers and improve their operational performance.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/25/2018 via Company Press Release

Upserve, Inc., acquired SimpleOrder

synopsis: Upserve, the industry’s leading full-service Restaurant Management Platform, announced the acquisition of the best-in-class inventory management platform SimpleOrder, which will now become Upserve Inventory, an easy-to-use solution designed to help restaurants streamline operations, cut food costs, and grow profits.
buyer: Upserve, Inc.
In a single platform, Upserve offers the market-leading cloud point of sale for restaurants, actionable analytics, transparent processing, automated inventory and ordering, mobile restaurant management, and seamless integration with leading third-party restaurant apps. "
target: SimpleOrder
SimpleOrder provides restaurants with an automated inventory system that provides counts in real-time, reducing food waste while simultaneously streamlining the ordering and replenishment process. SimpleOrder helps thousands of restaurants in over 25 countries cut costs and streamline operations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/13/2019 via BNC Analysis

SOR Technology will be merged with International Cruise & Excursions, Inc.,

synopsis: International Cruise & Excursions Gallery, Inc. (ICE), a market leader and global provider of loyalty, reward and incentive programs for some of the world’s most respected brands, is to merge with SOR Technology (SOR), a global provider of technology-based, travel and leisure benefits and solutions.
buyer: International Cruise & Excursions, Inc.
International Cruise & Excursions, Inc. is a market leader and global provider of loyalty, reward and incentive programs for some of the world’s most respected brands. "
target: SOR Technology
SOR Technology (SOR) works with private vacation clubs, corporations and quality resorts worldwide to provide extraordinary travel experiences through a technology-based travel and leisure marketplace designed to fit their lifestyle, expectations and budget.
price ($mm)
rev ($mm)
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Geography
Matching Companies
Ticker: OPEN
 
 
 
 
 
 
 
 
OpenTable
OpenTable
OpenTable is the world's leading provider of online restaurant reservations. The OpenTable service enables diners to see which restaurants have available tables, select a restaurant based on verified diner reviews, menus and other helpful information, and easily book a reservation.
year
2014
rev ($mm)
$198.33
EBITDA ($mm)
$60.20
EBIT ($mm)
$46.55
Net Income ($mm)
$22.60
Employees
664
  • drill down
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Ticker: TSE:2491
 
 
 
 
 
 
 
 
Value Commerce Co., Ltd.
Value Commerce Co., Ltd.
Based in Japan, Value Commerce is the number one service in the online reservation system market exclusive for hotels and inns. They account for approximately 60% of the share of major travel advertisers affiliated in the “Value Commerce Affiliate” travel category provided by the company.
year
2019
rev ($mm)
$217.67
EBITDA ($mm)
$44.47
EBIT ($mm)
$41.10
Net Income ($mm)
$28.51
Employees
233
  • drill down
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Ticker: AGYS
 
 
 
 
 
 
 
 
Agilysys, Inc.
Agilysys, Inc.
Agilysys is a leading developer and marketer of proprietary enterprise software, services and solutions to the hospitality and retail industries. The Company specializes in market-leading point-of-sale, property management, inventory and procurement, and mobile and wireless solutions.
year
2021
rev ($mm)
$149.63
EBITDA ($mm)
($18.31)
EBIT ($mm)
($20.78)
Net Income ($mm)
Employees
1350
  • drill down
  • watch
Ticker: AGYS
 
 
 
 
 
 
 
 
Agilysys, Inc.
Agilysys, Inc.
Agilysys is a leading developer and marketer of proprietary enterprise software, services and solutions to the hospitality and retail industries. The Company specializes in market-leading point-of-sale, property management, inventory and procurement, and mobile and wireless solutions.
year
2021
rev ($mm)
$149.63
EBITDA ($mm)
($18.31)
EBIT ($mm)
($20.78)
Net Income ($mm)
Employees
1350
  • drill down
  • watch
Ticker: TSE:2491
 
 
 
 
 
 
 
 
Value Commerce Co., Ltd.
Value Commerce Co., Ltd.
Based in Japan, Value Commerce is the number one service in the online reservation system market exclusive for hotels and inns. They account for approximately 60% of the share of major travel advertisers affiliated in the “Value Commerce Affiliate” travel category provided by the company.
year
2019
rev ($mm)
$217.67
EBITDA ($mm)
$44.47
EBIT ($mm)
$41.10
Net Income ($mm)
$28.51
Employees
233
  • drill down
  • watch
Ticker: WSE:ALL)
 
 
 
 
 
 
 
 
Ailleron S.A.
Ailleron S.A.
Ailleron is a Polish technology company that delivers innovative solutions. Ailleron's flagship products include iLumio; a state-of-the-art system the provides hotel services at every stage of a guest's stay, and Livebank; a virtual bank branch solution that lets banks better engage with customers.
year
2020
rev ($mm)
$38.04
EBITDA ($mm)
$2.96
EBIT ($mm)
$1.05
Net Income ($mm)
$0.18
Employees
0
  • drill down
  • watch
Ticker: OPEN
 
 
 
 
 
 
 
 
OpenTable
OpenTable
OpenTable is the world's leading provider of online restaurant reservations. The OpenTable service enables diners to see which restaurants have available tables, select a restaurant based on verified diner reviews, menus and other helpful information, and easily book a reservation.
year
2014
rev ($mm)
$198.33
EBITDA ($mm)
$60.20
EBIT ($mm)
$46.55
Net Income ($mm)
$22.60
Employees
664
  • drill down
  • watch
Ticker: TSX:PTS
 
 
 
 
 
 
 
 
Points International Ltd.
Points International Ltd.
Points helps make the world’s loyalty programs more valuable and engaging. They work with the world’s largest airline, hotel, retail and financial loyalty programs, building software and SaaS products that monetize their loyalty currencies and keep their members engaged.
year
2021
rev ($mm)
$370.01
EBITDA ($mm)
$1.85
EBIT ($mm)
($1.18)
Net Income ($mm)
Employees
279
  • drill down
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