M&A Deal Summary

Chowly Acquires Koala Labs

On February 1, 2023, Chowly acquired internet software and services company Koala Labs

Acquisition Highlights
  • This is Chowly’s 1st transaction in the Internet Software and Services sector.
  • This is Chowly’s 1st transaction in the United States.
  • This is Chowly’s 1st transaction in New York.

M&A Deal Summary

Date 2023-02-01
Target Koala Labs
Sector Internet Software and Services
Buyer(s) Chowly
Deal Type Add-on Acquisition

Target

Koala Labs

Brooklyn, New York, United States
Koala Labs is a SaaS technology provider which enables both established and emerging brands to quickly launch, manage and optimize commerce and guest engagement across web, app and kiosks, all in one place. Koala Labs was founded in 2017 and is based in Brooklyn, New York.

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Buyer(S) 1

Buyer

Chowly

Chicago, Illinois, United States

Category Company
Sector Information Technology
DESCRIPTION

Chowly is a restaurant technology company that integrates third-party delivery marketplaces with point-of-sale (POS) systems. Chowly is based in Chicago, Illinois.


DEAL STATS #
Overall 1 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: New York M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2023 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-04 Targetable

McLean, Virginia, United States

Targetable is an automated digital marketing platform for restaurants with a suite of products that help generate awareness and customer acquisition traffic to restaurants. Targetable generates multi-channel ad campaigns that find customers by showing the right ad to the right audience at the right time. Targetable was formed in 2020 and is based in McLean, Virginia.

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