Mobile app developer Fondue is sold to Postscript
Categories: Corporate and M&A, Hi-Tech
Fondue has been acquired by Postscript – the leading SMS marketing platform for Shopify.
DLA Piper advised New York-based Fondue on the sale, while Fenwick acted for Postscript.
Co-founded by Israelis, Fondue is a developer of a mobile application designed to turn refunds into a growth channel for clients’ businesses, while Postscript is a developer of a marketing platform designed to connect with existing customers over SMS.
DLA Piper previously advised Fondue on its seed round investment in 2021.