On October 2, 2023, SpotOn, one of the leading software and payment companies in the United States, announced that it has reached a strategic agreement to sell its sports and entertainment business to Shift4, while retaining select assets to support the growth of its restaurant business. Wilson Sonsini Goodrich & Rosati represented SpotOn in the transaction.

Following the deal, SpotOn will focus its teams and investment to supercharge growth in the restaurant space. SpotOn Restaurant has delivered high double-digit growth year over year and has been rated the No. 1 restaurant point-of-sale by real users. The company began serving restaurants in 2019 and has aggressively grown its market share each year. SpotOn Restaurant is now one of the most comprehensive, end-to-end restaurant technology platforms on the market, giving restaurant operators everything they need to drive profit—from an intuitive point-of-sale system with solutions for online ordering, reservations, and labor management to hardware designed to improve employee efficiency and service speed.

The Wilson Sonsini team representing SpotOn in the transaction includes:

M&A
Michael Russell
Broderick Henry
Erin Malone-Shkurkin
Jonathan Brecher

Corporate
Allison Spinner
Andy Gillman

Technology Transactions
Scott McKinney
Dena Smith
Barclay Oudersluys

Employee Benefits
Sriram Krishnamurthy
Matthew Norgard
Jason Chan

Employment Law
Rebecca Stuart
Colleen Angus-Yamada

Privacy and Cybersecurity
Matthew Staples
Daniel Chen
Michael O'Brien

Tax
Myra Sutanto Shen
Anjali Krishnan

Regulatory
Seth Cowell
Jess Cheng
Mara Alioto
Anne Seymour

For more information, please see SpotOn’s news release.