Market Overview

ezCater Acquires GoCater to Expand Globally

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Companies join forces to accelerate online business catering market
in Europe

ezCater,
the world's largest online marketplace for business catering, today
announced it has acquired GoCater,
the Paris-headquartered corporate catering platform. The acquisition
comes on the heels of ezCater's $100
million Series D funding round
, and expands the company's footprint
to Europe.

"It's great to be the market leader in the U.S., but we're inspired to
help customers and catering partners worldwide," said Stefania Mallett,
co-founder and CEO at ezCater. "GoCater's ingenuity, high caliber of
talent, and company culture align perfectly with ours. Together, we're
unstoppable."

Businesspeople around the globe use food to increase sales and
productivity. Businesses annually spend $22 billion in the U.S. (source:
Technomic) and $17 billion in Europe (source: GIRA) on business
catering. Both ezCater and GoCater were built to address the unique
needs of businesspeople, with a strong focus on customer service and
features like centralized invoicing, catering-specific reviews, and
online receipts for easy expense reporting.

"We are laser-focused on serving corporate customers and creating tools
that make it easier for restaurants and caterers to provide catering for
businesspeople," said Stephen Leguillon, GoCater's founder and CEO. "We
immediately saw that ezCater shared our vision. Joining forces with the
#1 player in the segment enables us to expand across Europe and beyond."

In less than 2 years, GoCater has acquired hundreds of catering partners
across France and Germany and now serves thousands of business
customers. As part of ezCater, GoCater will dramatically expand its
catering partner network, by adding the European locations of popular
U.S. restaurants, as well as many more European catering chains and
independent favorites.

About ezCater
ezCater is the world's largest marketplace for
business catering. ezCater's online ordering, on-time ratings and
reviews, and award-winning customer service help businesspeople from
organizations of all sizes and industries make meetings more successful
and employees more engaged. ezCater partners with over 60,000
restaurants and caterers that use its product suite to manage, analyze
and grow their catering business. For more information or to place an
order, visit www.ezcater.com.

About GoCater
GoCater, an ezCater company, allows businesses
to book all their catering delivery orders online, and control their
catering spending. Businesses can find, compare, and order from hundreds
of local caterers and restaurants online. Business buyers benefit from
dedicated account managers, the ability to set budgets, and consolidated
invoicing, while GoCater's catering management tools help caterers
control and simplify their orders. The platform is currently available
in France and Germany. For more information, visit www.gocater.co.

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