M&A Deal Summary

ShopKeep Acquires ChowBOT

On March 14, 2017, ShopKeep acquired internet software and services company ChowBOT from Meerchant

Acquisition Highlights
  • This is ShopKeep’s 1st transaction in the Internet Software and Services sector.
  • This is ShopKeep’s 2nd transaction in the United States.

M&A Deal Summary

Date 2017-03-14
Target ChowBOT
Sector Internet Software and Services
Buyer(s) ShopKeep
Sellers(s) Meerchant
Deal Type Divestiture

Target

ChowBOT

United States
ChowBOT is a provider of an online ordering, payment and delivery options for ShopKeep’s 8,500 and growing quick-serve (QSR) and full service restaurant and bars (FSRB).

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Buyer(S) 1

Buyer

ShopKeep

New York, New York, United States

Category Company
Founded 2008
Sector Internet Software and Services
Revenue 50M USD (2019)
DESCRIPTION

ShopKeep, Inc. is a provider of cloud-based technology and business management solutions for independent merchants. ShopKeep enables business owners to start and grow their businesses by accepting any type of payment and providing essential features such as automatic inventory tracking, employee management, and real time sales reporting. ShopKeep was founded in 2008 and is based in New York City.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-21 Refulgent Software

Buffalo, New York, United States

Refulgent Software LLC (Ambur POS) is a software company provides a feature-rich set of options specifically designed for full-service, quick-service and fast casual restaurants, as well as bars and food trucks.

Buy -

Seller(S) 1

SELLER

Meerchant

San Francisco, California, United States

Category Company
Founded 2014
Sector Internet Software and Services
DESCRIPTION

Meerchant, Inc. is a provider of cloud based software services in US.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1