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New Deal


Announced

Popmenu to acquire OrderNerd.

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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Domestic

Pending

Single Bidder

Friendly

online food ordering

food ordering app

Acquisition

Private

United States

Digital Services

Majority

Synopsis

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Popmenu, a digital marketing and ordering SaaS platform for restaurants, agreed to acquire OrderNerd, a fast-growing, innovative player in the food ordering and delivery space. Financial terms were not disclosed. "Popmenu and OrderNerd built our technologies because we love restaurants and we want to help them be more successful. Restaurants have been told that technology has to be complex. We disagree. We work closely with restaurants to design easy solutions that increase efficiency and sales while eliminating costs. OrderNerd's fantastic user experience and streamlined ordering technology are a perfect fit. Their vision for the future is well-aligned with ours and we're excited to work with them to create new possibilities for restaurants and their guests," Brendan Sweeney, Popmenu CEO.

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