M&A Deal Summary

CrunchTime Acquires DiscoverLink

On January 27, 2021, CrunchTime acquired education company DiscoverLink

Acquisition Highlights
  • This is CrunchTime’s 1st transaction in the Education sector.
  • This is CrunchTime’s 1st transaction in the United States.
  • This is CrunchTime’s 1st transaction in Illinois.

M&A Deal Summary
Date 2021-01-27
Target DiscoverLink
Sector Education
Buyer(s) CrunchTime
Deal Type Add-on Acquisition

Target

DiscoverLink

Chicago, Illinois, United States
DiscoverLink, Inc. provides learning and development technology for the hospitality industry, offering a unique combination of content and technology solutions supported by extensive industry expertise and unparalleled support. DiscoverLink was founded in 2002 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

CrunchTime

Boston, Massachusetts, United States
Category Company
Sector Software
DESCRIPTION

CrunchTime is a provider of enterprise-management solutions for the hospitality industries. CrunchTime’s back-office solutions help customers reduce food and beverage costs, track inventory items, drive labor efficiencies, and better manage the quality and consistency of their foodservice operations. CrunchTime has been in business for 20 years, and its customers include multi-unit restaurants, cruise lines, entertainment venues, hotels and foodservice management companies around the world. CrunchTime is based in Boston, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector (Education) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Mergr

Product

Company

Legal