Deliverect has acquired Tabesto to enhance its food tech offerings by integrating innovative restaurant and fast-food ordering kiosks, aiming to streamline in-store services and expand its market presence across Europe.

Information on the Target

Deliverect, a prominent global SaaS provider in the food technology realm, has made a strategic acquisition of Tabesto, an innovative company renowned for its all-in-one ordering and payment kiosks designed specifically for restaurants and fast-food outlets. With this acquisition, Deliverect empowers restaurant operators to enhance their in-store service offerings while continuing to manage and increase their online orders with ease. Tabesto's technology is set to be a vehicle for transforming the dining experience, allowing for streamlined operations and improved customer interactions.

As a part of this acquisition, Deliverect will absorb 60 new employees, including Tabesto's CEO and co-founder, Guillaume Hourmant, who will lead Deliverect Kiosk as Head of Product Strategy. The integration of Tabesto will initially serve clients in France and Switzerland, with further plans to expand Deliverect's kiosk offerings into the UK, Benelux, Spain, and eventually global markets over the next year.

Industry Overview in the Target’s Specific Country

In recent years, the self-service industry has witnessed significant growth, with research indicating that its global market is projected to escalate from $40 billion in 2022 to $63 billi