Stek advised the Amsterdam based restaurant reservations software and platform provider Formitable on the merger with Zenchef, a Paris-based company that develops tech solutions for the restaurant industry. The investment firm PSG Equity has acquired a majority stake in the joint holding company. Together the companies have already connected approximately 11,000 restaurants in 30 countries and aim to have connected 35,000 restaurants worldwide in 2025.
Please click here for the press release and click here for an article on this deal by Advocatie (Dutch language).