Restaurant365 Acquires Compeat

June 16, 2021

Restaurant365 has acquired Compeat, a provider of restaurant back-office, workforce and business intelligence software, combining the two companies to serve over 28,000 restaurants. As part of the transaction, Serent Capital is joining as a shareholder in the combined company alongside existing investors including Bessemer Venture Partners, ICONIQ and Tiger Global Management.

Buyers
Restaurant365, Serent Capital
Targets
Compeat
Industry
Cloud & SaaS
Location
Texas, United States
Transaction Type
Buyout

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