M&A Deal Summary

Deliverect Acquires ChatFood

On May 10, 2023, Deliverect acquired information technology company ChatFood

Acquisition Highlights
  • This is Deliverect’s 1st transaction in the Information Technology sector.
  • This is Deliverect’s 1st transaction in United Arab Emirates.

M&A Deal Summary

Date 2023-05-10
Target ChatFood
Sector Information Technology
Buyer(s) Deliverect
Deal Type Add-on Acquisition

Target

ChatFood

Sharjah, United Arab Emirates
ChatFood is an omnichannel ordering and data-driven marketing platform for hospitality brands. The company's mission is to empower hospitality businesses with the best technology to give their guests a seamless, personalised, and rewarding experience at every meal ensuring business owners get rewarded for their passion and hard work. It integrates with 100+ POS partners and premium logistic solutions serving over 3,000 venues and leading brands. ChatFood is based in Sharjah, United Arab Emirates.

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Buyer(S) 1

Buyer

Deliverect

Gent, Belgium

Category Company
Sector Internet Software and Services
DESCRIPTION

Deliverect is a global SaaS company that seamlessly integrates online orders from food delivery channels, such as Uber Eats, DoorDash, Deliveroo and Just Eat, allowing food service establishments to improve operations, increase customer satisfaction, and boost profits. Over 43,000 businesses trust the company's platform and suite of products to power their front of house and back of house. Available in 42 markets worldwide, it works with restaurants of all sizes as well as food brands like Taco Bell, Burger King, and Unilever. Deliverect is based in Gent, Belgium.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Arab Emirates M&A 1 of 1
Year: 2023 M&A 1 of 1