Add-on Acquisition • Internet Software and Services

Paytronix Acquires Open Dining

On August 7, 2019, Paytronix acquired internet software and services company Open Dining

Acquisition Context

This is Paytronix’s 1st transaction in the Internet Software and Services sector.
This is Paytronix’s 1st transaction in the United States.
This is Paytronix’s 1st transaction in Ohio.

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M&A Deal Summary
Date	August 7, 2019
Target	Open Dining
Sector	Internet Software and Services
Buyer(s)	Paytronix
Deal Type	Add-on Acquisition

Target Company

Open Dining

Beachwood, Ohio, United States

Open Dining provides an online ordering solution for small-to-medium size restaurant customers to boost revenues and profitability through the web, mobile, and social ordering. Around the core ordering solution, the company provides a suite of integrated tools to drive customer acquisition, retention, and engagement. Its platform is highly flexible and customizable while providing an expansive feature set to get results for our customers. Open Dining was formed in 2009 and is based in Beachwood, Ohio.

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Buyer Overview 1

Buyer

Paytronix

Newton, Massachusetts, United States

Category	Company
Founded	2001
Sector	Internet Software and Services

DESCRIPTION

Paytronix is a provider of SaaS customer experience management solutions (loyalty, reward, gift, mobile applications, and data insights) for restaurants and convenience store brands. Paytronix was founded in 2001 and is based in Newton, Massachusetts.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Internet Software and Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Ohio	1 of 1
Country: United States	1 of 1
Year: 2019	1 of 1

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