Strategic

American Express acquires TheFork

Restaurant reservation platform and software · USA

SourcingClub was not involved in this transaction.

American Express acquires the European restaurant platform TheFork from Tripadvisor. TheFork offers table reservations, reviews and the TheFork Manager software for restaurateurs, and the brand remains in place.

business-punk.com

How the deal fits together.

  1. TripadvisorSeller
  2. TheForkTarget
  3. Buyer: American Express

Who was involved.

Buyer
American Express
Target
TheFork
Seller
Tripadvisor
Type
Strategic
Country
USA
First reported
09/11/2026

Deal-Radar no. 46-023 · publicly reported, no guarantee · SourcingClub was not involved in this transaction. Report an error · Method

Valuation in this industry.

6.1 to 10.6times EBITDA

  • 6.1x to 7.6xRevenue under €5m
  • 7.5x to 9.5x€5m to €50m
  • 8.3x to 10.6xover €50m

Market range for Software Development & SaaS, not the price of this deal. Data basis: DUB KMU-Multiples, Q3/2026; preparation: SourcingClub.

November 2026 on the Deal-Radar.

48 of 109 deals so far are of the type Strategic.

  1. Strategic48
  2. Add-on16
  3. Carve-out14
  4. Funding round14
  5. Insolvency8
  6. Buy-out4
  7. Minority stake3
  8. Merger1
  9. Secondary1

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Information from public sources, without guarantee and without claim to completeness. No investment or legal advice. Published on 10 November 2026.