Toast / xtraCHEF 2021

Toast acquired xtraCHEF for $60M on July 21, 2021.

Target

xtraCHEF

Acquirer

Toast

Deal value

$60M

Deal type

Mixed

Announced

July 21, 2021

Sub-sector

Vertical SaaS Payments

Toast adds back-office invoice automation and cost management for restaurants, expanding from POS into operating-system functionality.

Deal value

$60M

Target revenue

—

Target EBITDA

—

EV / Revenue

—

EV / EBITDA

—

Announcement

July 21, 2021

Close date

July 21, 2021

Acquirer

Toast (Strategic)

Target HQ

United States

Deal type

Mixed

Sub-sector

Vertical SaaS Payments

Source: pos.toasttab.com