Pollen Street Capital has facilitated OrderYOYO's acquisition of Foodticket, enhancing its market presence and capabilities in the European quick service restaurant sector.
Target Information
OrderYOYO, a prominent embedded payments provider, has successfully acquired Foodticket, the leading supplier of white-label software and payment solutions for quick service restaurants in the Netherlands. This strategic bolt-on acquisition represents the first initiative under Pollen Street Capital's ownership, aimed at expanding OrderYOYO's operations within the Benelux region, a crucial area for growth. The acquisition is expected to reinforce OrderYOYO's standing as a leading player in the European market.
Foodticket specializes in delivering comprehensive embedded payments and software solutions primarily for quick service restaurants in the Netherlands, with an expanding footprint in Belgium and the DACH region. Similar to OrderYOYO's offerings, Foodticket serves approximately 2,500 clients by providing innovative online ordering and payment options, complemented by a robust in-store service, thus enhancing OrderYOYO’s existing product suite and accelerating business growth in this domain.
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Industry Overview in the Netherlands
The quick service restaurant (QSR) industry in the Netherlands has seen significant evolution, driven largely by changing consumer behavior and increasing demand for convenient
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