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 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Saudi Arabia) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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