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M&A Deal Summary

Jahez Acquires The Chefz

On December 1, 2022, Jahez acquired internet software and services company The Chefz for 173M USD

Acquisition Highlights
  • This is Jahez’s 1st transaction in the Internet Software and Services sector.
  • This is Jahez’s largest (disclosed) transaction.
  • This is Jahez’s 1st transaction in Saudi Arabia.

M&A Deal Summary
Date 2022-12-01
Target The Chefz
Sector Internet Software and Services
Buyer(s) Jahez
Deal Type Add-on Acquisition
Deal Value 173M USD

Target

The Chefz

Riyadh, Saudi Arabia
The Chefz is a dessert delivery platform that helps in ordering from a variety of stores that include Elite restaurants, upper casual and casual restaurants, sweets, drinks, bakeries, coffee, and flowers. The Chefz is based in Riyadh, Saudi Arabia.

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Buyer(S) 1

Buyer

Jahez

Riyadh, Saudi Arabia
Category Company
Sector Internet Software and Services
DESCRIPTION

Jahez is a food delivery platform that specializes in delivering restaurants' online orders. Jahez is based in Riyadh, Saudi Arabia.

DEAL STATS #
Overall 1 of 2
Sector: Internet Software and Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Saudi Arabia M&A 1 of 1
Year: 2022 M&A 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-09 Snoonu

Lusail, Qatar

Snoonu is an online shopping app that offers food and grocery delivery, and pharmacy needs. The company's super-app offers 11 essential services in one place, from quick meals to urgent pharmacy runs, grocery shopping, and a personal picker (Snoosend). Snoonu was formed in 2019 and is based in Lusail, Qatar.

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