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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