PSG, a growth equity firm partnering with middle-market software and technology-enabled services companies, is supporting a merger between Meal Ticket, an end-to-end business management solution for foodservice distributors, and MarketMan, an inventory management and supplier automation platform for the restaurant industry.
The investment of over USD100 million aims to support the formation of a global leader in software and data analytics for the foodservice industry.
As a combined company, Meal Ticket and MarketMan will continue to operate their existing product lines in addition to developing new products together and serving customers globally.
MarketMan’s investors include Flashpoint Venture Capital and lool ventures. Oppenheimer & Co served as financial advisor to MarketMan.
