Company profile: Flyt
1.1 - Company Overview
Company description
- Provider of a universal integration platform for the hospitality industry that simplifies adoption and installation of guest-facing technology by integrating with operatorsβ existing systems.
Products and services
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Key contacts
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Financial details
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1.2 - Competitors and similar companies to Flyt
Hangry
HQ: Canada
Website
- Description: Provider of a mobile ordering and loyalty platform for higher education, integrated with major campus card systems including Blackboard Transact, CBORD PayWithGet, and TouchNet-Heartland OneCard. Offers campuses a branded mobile app with modules for food ordering and dietary.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Nextbite
HQ: United States
Website
- Description: Provider of virtual restaurant brands and order aggregation software for delivery-only service, enabling existing kitchens to increase orders and revenue. Offers the Ordermark platform to manage online orders, True Revenue reporting, comprehensive training and support, marketing for its brands, and a no-fees model that pays partner kitchens to fulfill orders.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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MCR Systems
HQ: United Kingdom
Website
- Description: Provider of enterprise management solutions for hospitality, catering and leisure organizations to improve the efficiency of business operations.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Cheq
HQ: United States
Website
- Description: Provider of a social payments platform offering POS services, mobile ordering, and peer-to-peer payments. Its universal ordering and payment app connects consumers and businesses to enable frictionless in-person transactions across restaurants, stadiums, hotels, and more.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Recup
HQ: Germany
Website
- Description: Provider of reusable cup and bowl solutions including RECUP Mehrwegbecher and REBOWL Mehrwegschalen for hot and cold drinks/food, dishwasher safe and designed for approx. 1,000 and 500 uses. Offers a Pfandsystem, inhouse solutions for companies, universities and canteens with personal or automated returns, plus RΓΌcknahmeautomaten and catering services.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Flyt
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Buyer group 1: ββββββββ ββββββββ
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Key Products: ββββββββ, ββββββββ, ββββββββ, ββββββββ
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Buyer group 2: ββββββββ ββββββββ
ββ companies
Description: ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ
Key Products: ββββββββ, ββββββββ, ββββββββ, ββββββββ
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Buyer group 3: ββββββββ ββββββββ
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Description: ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ
Key Products: ββββββββ, ββββββββ, ββββββββ, ββββββββ
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Flyt
2.2 - Growth funds investing in similar companies to Flyt
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4 - Top valuation comps for Flyt
4.2 - Public trading comparable groups for Flyt
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