Congratulations to our client, QuikOrder, for being acquired by Pizza Hut. TechCXO supported QuikOrder with finance and accounting services for close to two years, including M&A support by assisting in due diligence pre-sale and interim CFO services from TechCXO’s Bob Brogan.
QuikOrder, is Chicago-based and a leading online ordering software and service provider for the restaurant industry. Terms of the deal were not disclosed, but it marks one of Pizza Hut’s largest acquisitions to date.
By acquiring QuikOrder’s online ordering capabilities, Pizza Hut U.S. will improve its ability to deliver an easy and personalized online ordering experience and accelerate digital innovation across its base of more than 6,000 restaurants in the U.S. In 2018, approximately half of Pizza Hut U.S. sales were processed through QuikOrder’s platform. Founded in 1997, QuikOrder specializes in developing and maintaining internet-ordering systems used across the QSR industry. It has served Pizza Hut U.S. for nearly two decades. Over that time, it has built an expert team that fully understands and meets Pizza Hut’s specific needs. The acquisition will include: Pizza Hut’s current digital ordering platforms, systems and services and QuikOrder’s in-restaurant technology and ancillary services, as well as its future generation products and programming.
Read more:
Chicago Sun Times
Chicago Business
PRNewswire
Bob Brogan is a senior Strategy, Operations & Finance executive recognized for identifying and delivering profit-improvement objectives for software as a service, professional services and technology companies.
bob.brogan@techcxo.com
(708) 243-7004
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