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Broadside Enterprises, Inc. (OTC: BRSE) Acquires Digital Food Service Platform

PRIVATEJan 16, 2024

Acquiring Company

Broadside Enterprises

Acquired Company

Potential Engine (a digital food service platform of Byte to Bite Industries Inc.)

West HollywoodHospitalityFood And BeverageHospitalityE Commerce

Description

Broadside Enterprises, Inc. has acquired Potential Engine, LLC, the digital food service platform of Byte to Bite Industries, Inc., including its digital infrastructure, intellectual property assets, and interlocking digital restaurant brand portfolio operated under the Cheebo Hollywood umbrella. The acquired platform has demonstrated success in launching and marketing unique digital restaurant brands and has generated significant sales, which aligns with Broadside's mission to drive omni-channel revenues for various food service operators globally.

Quick answer

Broadside Enterprises is acquiring Potential Engine (a digital food service platform of Byte to Bite Industries Inc.), announced January 16, 2024. Broadside Enterprises is based in West Hollywood, California, United States.

How much did Broadside Enterprises pay for Potential Engine (a digital food service platform of Byte to Bite Industries Inc.)?
The deal value was not disclosed.
What does Broadside Enterprises do?
Broadside Enterprises, Inc. (OTC:BRSE) acquired Potential Engine, LLC, the digital food service platform of Byte to Bite Industries, Inc. including digital infrastructure, intellectual property assets and interlocking..
Where are Broadside Enterprises and Potential Engine (a digital food service platform of Byte to Bite Industries Inc.) based?
Broadside Enterprises is based in West Hollywood, California, United States.

Source: Fundz verified event record.

Other recent acquisitions in Hospitality and Food And Beverage

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Broadside Enterprises

Location

West Hollywood, California, United States

About

Broadside Enterprises, Inc. (OTC:BRSE) acquired Potential Engine, LLC, the digital food service platform of Byte to Bite Industries, Inc. including digital infrastructure, intellectual property assets and interlocking digital restaurant brand portfolio operated under the Cheebo Hollywood umbrella. Prior to acquisition, the platform generated almost one million orders and over $25 million in revenue. Based on this success, Broadside is working to expand its client base globally and build the platform into a full-fledged AI-based ecosystem.

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Frequently asked

Who acquired Potential Engine (a digital food service platform of Byte to Bite Industries Inc.)?

Potential Engine (a digital food service platform of Byte to Bite Industries Inc.) was acquired by Broadside Enterprises, based in West Hollywood. The deal was reported on January 16, 2024. Broadside Enterprises, Inc. (OTC:BRSE) acquired Potential Engine, LLC, the digital food service platform of Byte to Bite Industries, Inc. Broadside Enterprises is privately held and operates in Hospitality.

When did Broadside Enterprises acquire Potential Engine (a digital food service platform of Byte to Bite Industries Inc.)?

Broadside Enterprises's acquisition of Potential Engine (a digital food service platform of Byte to Bite Industries Inc.) was reported on January 16, 2024. Broadside Enterprises, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Potential Engine (a digital food service platform of Byte to Bite Industries Inc.) do?

Potential Engine, LLC, the digital food service platform of Byte to Bite Industries, Inc., consists of an interlocking digital restaurant brand portfolio operated under the Cheebo Hollywood umbrella. It is privately held, operating in Food And Beverage.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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