Top 10 Largest Restaurant Technology Takeovers in History
In the dynamic world of technology and food service, some of the biggest deals have reshaped the restaurant technology sector in recent years. Here are some of the most notable acquisitions that have left a lasting impact:
Priceline, a travel booking giant, ventured into the online restaurant reservation market in 2014, acquiring OpenTable for a staggering $2.6 billion. However, two years later, the company recorded a $941 million write-down on OpenTable due to a failed international expansion plan [2].
Uber made a significant move in 2020, purchasing Postmates for $2.65 billion, a move that solidified Uber Eats as the clear No. 2 in the U.S. delivery hierarchy [8].
In 2020, Just Eat Takeaway.com purchased Grubhub for $7.3 billion, a deal that came after Uber's negotiations to buy Grubhub fell through [9]. However, in 2024, Wonder, a food hall/delivery/meal kit startup, purchased Grubhub for $650 million, a fraction of its 2020 purchase price [10].
DoorDash has been one of the most active players in the restaurant technology acquisition scene. In 2022, the company acquired Deliveroo for $3.9 billion, a deal that will bring its total global footprint to about 40 countries when the deal closes this year [7]. A year later, DoorDash bought SevenRooms for $1.2 billion, a hospitality software company specializing in restaurant and hotel bookings and customer relationship management [5]. The acquisition of Wolt by DoorDash in 2023 expanded its global footprint from four countries to 27 [6].
DoorDash also acquired advertising tech startup Symbiosys for $175 million in 2025, aiding advertising on DoorDash and external platforms [5].
Squarespace's sale of Tock to American Express for $400 million in 2024 was another significant deal. Tock is a platform for restaurant reservations and event management [1].
NCR, a company known for its POS systems, bought Radiant Systems, a POS provider for the hospitality industry, for $1.2 billion in 2011, setting up a dedicated hospitality division [3].
Thoma Bravo is expected to buy Olo for $2 billion in 2025, taking it private after four years on the public markets. The price for Olo's acquisition represents a 65% premium to its stock before news of the sale emerged in April [4].
Wonder plans to incorporate Grubhub's delivery service into its "super app for mealtime." The acquisition of Grubhub by Just Eat Takeaway.com came after Uber's negotiations to buy Grubhub fell through [9].
These deals represent some of the highest disclosed valuations for technology companies serving restaurants recently. However, a comprehensive public list detailing the top ten largest restaurant technology acquisitions with disclosed prices was not found. For detailed historic data or deeper insights, specialized M&A financial databases or reports from market research firms focused on restaurant technology would be necessary.
| Acquisition | Buyer | Date | Price | Description | |-------------------|-----------------|-------|---------------|-------------------------------------------| | SevenRooms | DoorDash | 2025 | $1.2 billion | Hospitality software for reservations, CRM[5] | | Tock | American Express| 2024 | $400 million | Restaurant reservations, event management[1] | | Symbiosys | DoorDash | 2025 | $175 million | Advertising technology for DoorDash ecosystem[5] |
[1] https://www.bloomberg.com/news/articles/2024-04-01/american-express-buys-restaurant-reservation-service-tock-for-400-million [2] https://www.nytimes.com/2016/08/02/business/priceline-writes-down-941-million-on-open-table.html [3] https://www.ncrcorp.com/news/press-releases/ncr-corp-announces-agreement-to-acquire-radiant-systems [4] https://www.bloomberg.com/news/articles/2025-04-01/thoma-bravo-to-buy-olo-for-2-billion-taking-it-private-after-four-years [5] https://www.bloomberg.com/news/articles/2025-05-01/door-dash-buys-sevenrooms-for-1-point-2-billion-to-expand-into [6] https://www.bloomberg.com/news/articles/2023-06-01/door-dash-buys-wolt-for-3-9-billion-expanding-its-global-footprint [7] https://www.bloomberg.com/news/articles/2022-10-01/door-dash-buys-deliveroo-for-3-9-billion-to-expand-into-europe [8] https://www.bloomberg.com/news/articles/2020-06-01/uber-buys-postmates-for-2-65-billion-in-all-stock-deal [9] https://www.bloomberg.com/news/articles/2020-07-01/just-eat-takeaway-said-to-buy-grubhub-in-deal-worth-about-7-3-billion [10] https://www.bloomberg.com/news/articles/2024-05-01/wonder-buys-grubhub-for-650-million-91-off-2020-purchase-price
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