Announced
Completed
Financials
Tags
software company
Completed
Domestic
Friendly
Acquisition
Private
Software
Single Bidder
United States
Minority
Private Equity
Venture Capital
Synopsis
KKR and L Catterton, two investors, led a $135m round in Restaurant365, an all-in-one restaurant enterprise management software provider, with participation from ICONIQ and Bessemer Venture Partners. "R365 has achieved continuous, accelerated growth, which is a testament to our strong team who is eager to change the restaurant industry for the better. Anytime we receive funding, we recognize it as a privilege. However, the primary driver of this round is uniting with two strategic investors so intimately tied to the restaurant industry. Having recently crossed exciting milestones of $100m in revenue and $1bn in value, we can't wait for what's next," Tony Smith, Restaurant365 CEO and Co-Founder.
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