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CoverManager, a restaurant reservation management technology company, is being acquired by a group of investors from Malaga

An investor group from Malaga, led by Playtomic founders Felix Ruiz and Playtomic founders, has just purchased 25% of CoverManager, a Sevillian company that is valued at approximately 140 million euros.

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CoverManager, a restaurant reservation management technology company, is being acquired by a group of investors from Malaga

An investor group from Malaga, led by Playtomic founders Felix Ruiz and Playtomic founders, has just purchased 25% of CoverManager, a Sevillian company that is valued at approximately 140 million euros. CoverManager was specialized in restaurant reservations and order management. It is currently present in 25 countries. Fernando Martinez, founder and CEO of Alia Capital, is also part of the investment group.

We have to be very clumsy in order to make the company grow in an impressive manner with the group that has been formed. It is possible that we have discovered the next Spanish unicorn. Avila, the founder of MEDAC Vocational Training Centers, speaks out about the potential growth of a company to become a new "unicorn", a name that is used to describe companies with a valuation of at least one billion dollars.

Felix Ruiz and Paco Avila, both from Malaga, are the founders of MEDAC, Playtomic, and Felix Ruiz. Ideal

It is not surprising that the entry of new shareholders coincides in CoverManager's expansion plans for Europe and Latin America. The company has its sights on Mexico, Chile, and Colombia. CoverManager's review has been completed. Jose Antonio Perez and Carlos Perez created the company. They describe themselves as "a global leader for technology in the hospitality industry with Andalusian origin." and are now seeking new investors to help them grow. It has been a tedious and long process because it was difficult to combine great entrepreneurs with businessmen. Jose Antonio has managed to bring us together, and the future will be amazing," says the founder of Alia Capital.

CoverManager was one of the first Spanish companies to offer the ability to unify all of its customer bases in the same SaaS/CRM. The company's leadership in this sector is strengthened by the new investors. They are betting on Andalusian talent and Spanish talent." they concluded from the company that specializes in managing restaurant reservations and orders.

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