Turnover: 25 million EUR (2023)

Country: France

software publisher for restaurateurs

News

French Tech: Zenchef completes its 3rd M&A deal in a year | Zenchef completes its 3rd M&A deal in a year 29/02/2024

  • Zenchef has completed its third M&A operation in a year, integrating Belgian company TableBooker, which has 3,000 restaurant customers.
  • The new entity now has 19,000 restaurants across Europe.
  • Zenchef has 242 employees.
  • German competitor Quandoo has 18,000 restaurants in 12 countries.
  • Another competitor, The Fork (formerly La Fourchette), works with 60,000 restaurateurs worldwide.
  • Zenchef has a strong presence in France, Belgium and the Netherlands, and is now entering the German market.
  • Zenchef acquired start-up Billie in 2021. PSG Equity, which acquired a majority stake in 2022.
  • The company expects to become profitable in June 2024.

Zenchef goes on the offensive to rival The Fork 14/09/2023

  • Zenchef was founded in 2011 by Xavier and Thomas Zeitoun and Julien Balmont.
  • The group recently acquired Resengo, a 20-year-old pioneer of online reservations in Belgium.
  • Resengo has a portfolio of 3,500 restaurants, including all 3-star restaurants in Belgium.
  • Zenchef's main rivals are The Fork and Open Table, which each claim 60,000 partner restaurants worldwide.
  • The group is backed by the American fund PSG, which has pledged a further 50 million euros to finance the acquisitions.
  • With the acquisition of Resengo, Zenchef now has 15,000 partner restaurants, including 8,000 in France, where it is half the size of The Fork.
  • Zenchef's model is based on a monthly subscription charged to the restaurateur, which averages 150 euros per month.
  • Zenchef has 30 million meals booked each month via its software.
  • With the acquisition of Resengo, the group forecasts sales of 25 million euros for 2023, and is positioned close to profitability.

Studies mentioning this company

The foodservice market - France

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  • Le Duff Groupe
  • Buffalo Grill
  • Courtepaille
  • Autogrill
  • Hippopotamus (Bertrand Groupe)
  • Flunch
  • Frères Blanc (Bertrand Groupe)
  • Côté Sushi (ETLB Franchiseur)
  • Boréa
  • Convivio Groupe
  • Newrest
  • Dupont Restauration
  • Bertrand Groupe
  • McDonald’s France
  • Pizza Hut (Yum Brands Group)
  • Holder Groupe
  • Areas France
  • La Boucherie - Baudelaire groupe
  • Zenchef
  • Alain Ducasse Groupe -De Gustibus
  • Paul Bocuse Groupe - Institut Paul Bocuse