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New Deal


Announced

Completed

TouchBistro completed the acquisition of TableUp.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Completed

marketing solutions

Private

Acquisition

Majority

Customer Relationship Management

United States

Friendly

Synopsis

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TouchBistro, a Toronto-based software company that develops a restaurant point of sale system, completed the acquisition of TableUp, a provider of loyalty and marketing solutions for the restaurant industry. Financial terms were not disclosed. "Now, more than ever, restaurateurs need an effective and affordable way to promote their restaurants to new and existing customers so they can bring them back again and again. Through our acquisition of TableUp, we can fully integrate these capabilities into the TouchBistro platform to help restaurants turn one-time customers into loyal patrons. The TableUp team are experts in restaurant CRM, loyalty, and guest engagement and, like all of us, are deeply passionate about the industry and the success of their customers. We are very pleased to welcome them to our TouchBistro family," Alex Barrotti, TouchBistro Founder and CEO.

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