Olo Inc. Acquires Wisely Inc.

October 21, 2021

Olo Inc. (NYSE: OLO) will acquire Wisely Inc., a customer intelligence and engagement platform for restaurants, for approximately $187 million ($77M cash and $110M in stock). The acquisition expands Olo’s platform capabilities with Wisely’s CRM, CDP, reservations, and guest-engagement tools to deepen restaurant customer relationships and accelerate Olo’s data and marketing offerings.

Buyers
Olo Inc.
Targets
Wisely Inc.
Industry
Cloud & SaaS
Location
Michigan, United States
Transaction Type
Buyout

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