M&A Deal Summary

Chowly Acquires Targetable

On January 4, 2024, Chowly acquired software company Targetable

Acquisition Highlights
  • This is Chowly’s 1st transaction in the Software sector.
  • This is Chowly’s 2nd transaction in the United States.
  • This is Chowly’s 1st transaction in Virginia.

M&A Deal Summary
Date 2024-01-04
Target Targetable
Sector Software
Buyer(s) Chowly
Deal Type Add-on Acquisition

Target

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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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 2 of 2
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Virginia) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-01 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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