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New Deal


Announced

HungerRush to acquire 9Fold.

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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United States

Majority

Friendly

software development

Pending

Software

Acquisition

Domestic

Private

Single Bidder

Synopsis

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HungerRush, a cloud-based software provider for the restaurant industry, agreed to acquire 9Fold, a New York-based online omni-channel ordering and digital marketing software solutions company. Financial terms were not disclosed. "The addition of 9Fold to our portfolio of innovative omni-channel digital ordering offerings will empower our customers to grow their businesses by knowing their customers better. This acquisition will help the restaurant industry move further away from relying on third party delivery providers. 9Fold engages customers in a marketing-oriented website which helps them reduce unnecessary costs and gain access to customer data and insights to better market to their customers," said Perry Turbes, HungerRush CEO.

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