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New Deal


Announced

Completed

CapStreet-backed HungerRush completed the acquisition of OrdrAI.

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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messaging system

Private

Cross Border

Majority

United States

IT Services: Other

Friendly

mobile messaging software

Completed

Single Bidder

Private Equity

Acquisition

Synopsis

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Private equity firm CapStreet-backed HungerRush, a fully integrated restaurant management system, completed the acquisition of OrdrAI, a developer of digital ordering systems. Financial terms were not disclosed. "We are excited to welcome the OrdrAI team and augment our restaurant management platform with integrated voice and text message ordering. We are committed to providing innovative multi-channel digital ordering technologies to restaurant owners so they can own their business data and customer relationships, ensuring the best experience for their guests," Perry Turbes, HungerRush CEO.

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