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New Deal


Announced

Flashpoint Venture and lool ventures-backed MarketMan to merge with Meal Ticket in a $100m deal.

Financials

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Transaction Value£73m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Pending

United States

Merger

Private Equity

Private

Single Bidder

Domestic

Friendly

digital marketing

management solutions

Majority

Software

Synopsis

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Flashpoint Venture and lool ventures-backed MarketMan, a developer of cost management software, agreed to merge with Meal Ticket, a developer of a digital marketing and analytics platform, in a $100m deal. PSG backed the transaction. "Meal Ticket and MarketMan are natural complements to each other’s businesses. Meal Ticket analyzes over $40bn in supply chain transactions from its food distributor customers, while MarketMan has a significant footprint of over 7k paying restaurant locations around the globe buying from thousands of distributors. Together, we have the ability to enhance the restaurant operator's experience, create new software for the foodservice supply chain, and offer ordering and payment solutions that benefit restaurants and distributors," Wink Jones, Meal Ticket CEO.

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