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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