Announced
Completed
Financials
Sources
Tags
Completed
Single Bidder
Majority
Private
Friendly
Private Equity
Turkey
internet
Acquisition
Cross Border
Online and Social Platforms
Synopsis
Sequoia Capital-backed Zomato Media, an online restaurant search service provider, completed the acquisition of Turkey-based firm Mekanist, an online restaurant search and discovery platform. Financial terms were not disclosed. With the acquisition of Mekanist in an all cash deal, Zomato’s restaurant coverage will increase to more than 75k across Turkey from about 27,5k now.
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