M&A Deal Summary

Fantuan Acquires Chowbus - Delivery Business

On January 24, 2024, Fantuan acquired business services company Chowbus - Delivery Business from Chowbus

Acquisition Highlights
  • This is Fantuan’s 1st transaction in the Business Services sector.
  • This is Fantuan’s 1st transaction in the United States.
  • This is Fantuan’s 1st transaction in Illinois.

M&A Deal Summary

Date 2024-01-24
Target Chowbus - Delivery Business
Sector Business Services
Buyer(s) Fantuan
Sellers(s) Chowbus
Deal Type Divestiture

Target

Chowbus - Delivery Business

Chicago, Illinois, United States
Chowbus' Delivery Business provides food delivery services.

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Buyer(S) 1

Buyer

Fantuan

Burnaby, British Columbia, Canada

Category Company
Founded 2014
Sector Internet Software and Services
DESCRIPTION

Fantuan is a technology company that provides a one-stop platform providing services such as food delivery, fresh grocery and more. Fantuan was founded in 2014 and is based in Burnaby, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1

Seller(S) 1

SELLER

Chowbus

Chicago, Illinois, United States

Category Company
Founded 2016
Sector Internet Software and Services
DESCRIPTION

Chowbus is an online food ordering, payment, and delivery platform. Chowbus was formed in 2016 and is based in Chicago, Illinois.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1