M&A Deal Summary

BlueCart Acquires BinWise

On May 18, 2019, BlueCart acquired internet software and services company BinWise from RunTide Capital

Acquisition Highlights
  • This is BlueCart’s 2nd transaction in the Internet Software and Services sector.
  • This is BlueCart’s 2nd transaction in the United States.
  • This is BlueCart’s 1st transaction in California.

M&A Deal Summary

Date 2019-05-18
Target BinWise
Sector Internet Software and Services
Buyer(s) BlueCart
Sellers(s) RunTide Capital
Deal Type Add-on Acquisition

Target

BinWise

San Francisco, California, United States
BinWise is a complete online platform for procurement, management, and fulfillment of wine, beer, and liquor. Binwise is designed by sommeliers to help restaurateurs become more successful by streamlining the operational aspects of beverage management. BinWise was founded in 2007 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

BlueCart

Mountain View, California, United States

Category Company
Founded 2014
Sector Internet Software and Services
DESCRIPTION

BlueCart, Inc is a cloud-based ordering and customer management platform for restaurants and their suppliers. BlueCart was founded in 2014 and is based in Mountain View, California.


DEAL STATS #
Overall 2 of 3
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 3
State: California M&A 1 of 1
Country: United States M&A 2 of 3
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-08 Sous

United States

Sous is a developer of mobile-first restaurant administration platform.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-19 Revolution Ordering

Southlake, Texas, United States

Revolution Ordering is a multi-patented technology owner, and the off-premise partner for restaurants nationwide. Through its Order One platform, Revolution provides a unified web, mobile and voice order management software platform that seamlessly integrates into restaurant point of sale systems. Revolution Ordering is based in Southlake, Texas.

Buy -

Seller(S) 1

DESCRIPTION

RunTide Capital is a private investment group focused on providing growth capital to expansion stage companies. The Firm looks to commit $15 to $35 million per transaction and will consider opportunities throughout North America and Europe. Sectors of interest include digital media, SaaS, mobile services, digital analytics, digital marketing, e-commerce, communications, and cloud computing. RunTide Capital is based in New York City.


DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-15 BinWise

San Francisco, California, United States

BinWise is a complete online platform for procurement, management, and fulfillment of wine, beer, and liquor. Binwise is designed by sommeliers to help restaurateurs become more successful by streamlining the operational aspects of beverage management. BinWise was founded in 2007 and is based in San Francisco, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-01 Ascent Global

Minneapolis, Minnesota, United States

Ascent is the partner to solve the most challenging cybersecurity problems. The firm is built to evolve its cybersecurity posture, modernize Microsoft solutions, and manage entire security ecosystems. With constantly advancing capabilities, including incident response and CMMC, the company provides organizations with the consulting excellence and operational expertise needed to build a safer tomorrow. Ascent is based in Minneapolis, Minnesota.

Buy -