Announced

Pollen Street Capital to acquire a 91% stake in OrderYOYO for DKK 860m.

Synopsis

Pollen Street Capital, a UK-based private equity fund, agreed to acquire a 91% stake in OrderYOYO, an online ordering system for takeaways, for DKK 860m. “As a dedicated financial services and technology investor, Pollen Street has considerable experience of investing in specialist, verticalized software companies across Europe and backing the next generation of market leaders in their respective fields. Embedded payments have been an investment theme over many years and OrderYOYO has impressed with its leading product capabilities. The team have achieved considerable success in recent years whilst building an excellent foundation to accelerate growth. We are delighted to partner with the team and look forward to accelerating the business’ growth through investments and acquisitions,” Patrick Carey, Pollen Street Capital Investment Director.

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