M&A Deal Summary

Resy Network Acquires Reserve Media

On November 5, 2018, Resy Network acquired internet software and services company Reserve Media

Acquisition Highlights
  • This is Resy Network’s 2nd transaction in the Internet Software and Services sector.
  • This is Resy Network’s 2nd transaction in the United States.
  • This is Resy Network’s 2nd transaction in New York.

M&A Deal Summary
Date 2018-11-05
Target Reserve Media
Sector Internet Software and Services
Buyer(s) Resy Network
Deal Type Add-on Acquisition

Target

Reserve Media

New York, New York, United States
Reserve Media, Inc. is a provider of cloud-based hospitality technology platform, helping restaurants and guests connect. Reserve Media was founded in 2013 and is based in New York.

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Buyer(S) 1

Buyer

Resy Network

New York, New York, United States
Category Company
Founded 2014
Sector Internet Software and Services
DESCRIPTION

Resy is a SaaS company that’s challenging long-standing reservation tools and disrupting the status quo created by clunky, expensive reservation services. Company use technology to redefine hospitality by offering a cutting edge real-time cloud-based system with flat pricing, resetting industry expectations about how much value restaurants should expect from technology partners. Some of the best restaurants in the U.S., including Union Square Cafe, Chez Panisse and the Hillstone Restaurants use our platform.

DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (New York) 2 of 2
Country (United States) 2 of 2
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-12 Servy

New York, New York, United States

Servy is a next generation mystery dining platform for the hospitality industry. The Servy app empowers a vetted community of passionate foodies and hospitality experts to give private feedback to restaurants. "Servy Consultants" earn a partial reimbursement on their meal and charitable donations for completing private restaurant evaluations that enable operators to assess performance and continuously improve.

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