Adyen snaps up Talon One in €750M deal to boost loyalty tech
One of the largest deals in Germany's startup scene has been finalized: Berlin-based Talon One is being acquired by Dutch payment services provider Adyen for approximately €750 million. For co-founder Christoph Gerber, this marks his second major blockbuster exit.
Founded in 2015 by Gerber and Sebastian Haas, the company specializes in software that allows businesses to centrally manage discount campaigns, vouchers, and loyalty programs. According to the firm, more than 300 companies worldwide now use its platform.
This isn't Gerber's first high-profile sale: He previously helped build Lieferando, which was sold to rival Takeaway in 2014. Following the latest deal, both founders are expected to remain with the company.
Read also:
- Federal Funding Supports Increase in Family Medicine Residency Program, Focusing on Rural Health Developments
- Potential Role of DHA in Shielding the Brain from Saturated Fats?
- Alternative Gentle Retinoid: Exploring Bakuchiol Salicylate for Sensitive Skin
- Hanoi initiates a trial program for rabies control, along with efforts to facilitate the transition from the dog and cat meat trade industry.
