M&A Deal Summary

Foodics Acquires POSRocket

On January 10, 2022, Foodics acquired internet software and services company POSRocket

Acquisition Highlights
  • This is Foodics’ 1st transaction in the Internet Software and Services sector.
  • This is Foodics’ 1st transaction in Jordan.

M&A Deal Summary
Date 2022-01-10
Target POSRocket
Sector Internet Software and Services
Buyer(s) Foodics
Deal Type Add-on Acquisition

Target

POSRocket

Amman, Jordan
website
POSRocket offers cloud-based POS software for restaurants and retailers, allowing owners to remotely manage operations in real-time. POSRocket was founded in 2016 and is based in Amman, Jordan.

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Buyer(S) 1

Buyer

Foodics

Riyadh, Saudi Arabia

website

Category Company
Sector Information Technology
DESCRIPTION

Foodics is a GCC Restaurant-Tech company. Foodics is basedin Riyadh, Saudi Arabia.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Jordan) 1 of 1
Year (2022) 1 of 1
Mergr

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