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New Deal


Announced

SpotOn to acquire Appetize for $415m.

Financials

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Transaction Value£299m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Friendly

mobile commerce

Acquisition

Pending

E-commerce

Private

Majority

Single Bidder

United States

Synopsis

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SpotOn, a software and payments company, agreed to acquire Appetize, a mobile commerce platform, for $415m. "Appetize has built a truly special team and product that is trusted by some of the most iconic brands in hospitality, from Yankee Stadium to LSU to the San Diego Zoo. Likewise, SpotOn has earned the trust of tens of thousands of small businesses and independent restaurants with their technology and team," Max Roper, Appetize CEO.

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