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New Deal


Announced

JP Morgan Chase to acquire The Infatuation.

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

IT Services: Other

Pending

restaurant search

Acquisition

reservation services

Friendly

Private

Domestic

Majority

Single Bidder

Synopsis

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JP Morgan Chase agreed to acquire The Infatuation, a restaurant discovery platform designed to provide honest recommendations for where to eat. Financial terms were not disclosed. “We’ve long admired The Infatuation’s fresh approach to reaching people with relatable content that inspires new ways to experience life through food and drink, whether it’s down the street or across the globe. We look forward to building on our complementary missions of connecting people to experiences around a shared passion for dining," Marianne Lake, JP Morgan Chase co-CEO.

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