American Express Acquires Tock and Rooam to Expand Its Restaurant and Mobile Payments Tech

October 15, 2024

American Express agreed to acquire Tock, a restaurant reservation and event management technology provider, for $400 million from Squarespace. The deal also includes American Express acquiring Rooam, which powers mobile payments, ordering, and integrations with point of sale, marketing, and loyalty systems for restaurants and entertainment venues.

Buyers
American Express, American Express Global Dining
Targets
Tock, Rooam
Sellers
Squarespace
Industry
Cloud & SaaS
Location
United States
Transaction Type
Buyout

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