OpenTable Buys Libro to Expand in Quebec and Beyond

By joining together, OpenTable and Libro will combine their strengths in restaurant discovery, table management, and guest relationship tools to better support the Canadian hospitality industry.

As part of the deal, OpenTable will bring in Libro’s employees and leadership team. Together, they will focus on creating better solutions for restaurants and diners across North America.

Libro will continue to operate as a separate brand to ensure a smooth service experience for its current partners, while gaining more exposure through the OpenTable marketplace. Integration of systems, technology, and security will happen gradually over time.

Read More:Coral Raises $12.5M in Funding to automate healthcare

"Libro and OpenTable share a deep commitment to the success of local restaurants, making this a natural fit for both companies," said Debby Soo, CEO of OpenTable. "By combining Libro's localized expertise with our global diner network, we are deepening our commitment to the Canadian dining scene and providing Libro's restaurant partners the option to join OpenTable's diner network soon, driving broader visibility, and more bookings."

"This is an exciting next chapter for Libro and the restaurants we serve," said Lorne Schwartz, CEO of Libro. "By joining forces with OpenTable, we're able to expand our reach and bring even more value to our community, while continuing to deliver the localized support, and innovation our partners rely on."

About OpenTable

Founded in 1998, and part of Booking Holdings, Inc., OpenTable is a global leader in restaurant technology. It helps over 65,000 restaurants fill about 1.9 billion seats each year, providing tools that let restaurants focus on their staff, guests, and business while helping diners easily find and book the right place to eat.

About Libro

Founded in 2014 Libro is a leading guest experience platform in North America that helps restaurants manage reservations, reduce no-shows, and improve customer engagement. Its cloud based system replaces traditional paper reservation books, allowing operators to automate tasks, control reservations and communicate more effectively with guests, helping build stronger relationships, and drive repeat visits.

Read More:Apple Names John Ternus as Next CEO After Tim Cook