Block acquires Zesty

Block acquired Zesty, a transaction announced in April 2018, structured as Asset acquisition (certain assets of Zesty).

Zesty operates in Square (Caviar / Seller), is based in United States. Square acquired certain assets of Zesty, a corporate catering platform focused on helping companies feed employees healthier, higher-quality food. The assets were folded into Caviar, Square's food-ordering platform, to scale its corporate ordering business, Caviar for Teams. Zesty added menu-planning tools and algorithms, order management, white-glove catering logistics, and nutrition and allergen customization.

Expanding Caviar's corporate catering product with Zesty let Square offer restaurant partners higher-margin, large-format catering orders and serve companies of all sizes, doubling down on an area Square saw as a strong growth opportunity.

Advisory firms were not disclosed for this transaction.

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