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New Deal


Announced

Wix to acquire SpeedETab.

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

mobile payments

Private

Friendly

Majority

Pending

Acquisition

United States

Payments / Commerce

Cross Border

analytic solutions

Synopsis

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Wix, a global SaaS platform, agreed to acquire SpeedETab, an ordering technology provider. Financial terms were not disclosed. "We are thrilled to join the Wix Restaurants team and provide an amazing solution for restaurants around the world. Since inception, SpeedETab has been focused on empowering restaurants to increase revenue, engage with their customers, and provide a superior guest experience. As part of Wix Restaurants, we look forward to making it easier than ever for any restaurant to have all the digital tools they need to succeed in one place," Adam Garfield, SpeedETab CEO.

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