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OrderYOYO, an online ordering, payment, and marketing software solution provider, completed the acquisition of app smart, a POS systems and digital infrastructure services provider, for delivery restaurants, for $32m. “We are excited to join forces with app smart and are truly impressed of what the founders and employees have built since 2014 to claim leadership in Germany and Austria. app smart is the perfect match for OrderYOYO with a completely aligned vision and mission, market focus and business model. Combining OrderYOYO and app smart create a true European market leader from day 1 with an exciting combined joint potential. At the same time, the combined company is well positioned for further expansion and to drive further industry consolidation,” Jesper Johansen, OrderYOYO CEO.
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