Fishbowl Inc. has been purchased by Symphony Technology Group (STG), a Palo Alto, Calif.-based private equity firm. Financial terms of the deal were not disclosed.
Used by more than 70,000 restaurants, Alexandria-based Fishbowl provides a customer engagement platform to the restaurant industry. Marc Bala, STG managing director, and Adam Hendricks, STG vice president, will join Fishbowl’s board of directors.
STG is a private equity firm with $2 billion in assets under management. Its portfolio includes software, data and analytics companies.
