Clifford Chance has advised Deliverect, a global scale-up that integrates and accelerates online orders for restaurants, on its acquisition of ChatFood, a Dubai-based leader in social media ordering, order and pay at table, and loyalty solutions.
This transaction enables Deliverect to offer the restaurant industry a unified solution for both in-restaurant dining as well as online food delivery. It also expands Deliverect’s restaurant base, as the integrated company will serve over 43,000 restaurants and food service businesses around the world.
Deliverect is a long-standing client of Clifford Chance, and we are proud to have worked with them on this land-mark deal. We have advised on Deliverect’s Series A, B,C and D financing, raising a total of USD 240 million and making Deliverect a unicorn. This transaction further strengthens our successful track record in partnering with start-ups and scale-ups along their lifecycle and demonstrates our expertise in cross-border deals in the tech sector.
The Clifford Chance team was led by Corporate partner Patrice Viaene together with associates Arthur Barbé and Gillis Waelkens. Other team members included partner Daud Khan and senior associate Rizwan Butt in our Dubai office, as well as partner Alexandre Ooms and associate Stijn Van Walleghem in our tax team.
