Restaurant Reservation Service LaFourchette Gobbled Up By TripAdvisor For $140M

techcrunch.com

8 May 2014
techcrunch.com

European restaurant reservation service LaFourchette — the so-called OpenTable of France — has entered into agreement to be acquired by NASDAQ-listed travel site TripAdvisor, with whom it already had a partnership. Terms of the deal are not being disclosed. However, sources tell TechCrunch that the price is actually ~$140 million (€100 million) in an all cash deal. The company had previously raised around $15 million in VC.

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