About This Deal

Block acquired Entrees On-Trays, a transaction announced in January 2018, structured as Asset acquisition (certain assets of Entrees On-Trays).

Entrees On-Trays operates in Square (Caviar / Seller), is based in United States (Dallas-Fort Worth, Texas). Square acquired certain assets of Entrees On-Trays, a restaurant delivery service that had served the Dallas-Fort Worth metroplex since 1986, to expand its Caviar food-ordering platform in the region. The deal brought dozens of popular local restaurants onto Caviar and continued Entrees On-Trays' corporate catering relationships through Caviar for Teams. It broadened Caviar's presence in the Dallas-Fort Worth market, where it had launched in spring 2015.

Adding Entrees On-Trays expanded Caviar's restaurant selection and delivery footprint in the Dallas-Fort Worth metroplex and carried over its corporate catering partnerships into Caviar for Teams.

Deal Terms

Acquirer
Block
Target
Entrees On-Trays
Value
Not disclosed
Date
January 2018
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States (Dallas-Fort Worth, Texas)
Segment
Square (Caviar / Seller)
Structure
Asset acquisition (certain assets of Entrees On-Trays)
Announced
January 25, 2018

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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