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JPMorgan Chase Entered Agreement To Acquire ‘The Infatuation’

By John F. Heerdink, Jr.

Reportedly, JPMorgan Chase & Co (JPM) has entered an agreement to acquire the popular restaurant discovery platform that provides honest recommendations for where to eat, The Infatuation. JPMorgan Chase will acquire The Infatuation’s entire business, including Zagat.

The deal promises the bank’s commitment to offering customers exceptional benefits, useful content, and one-of-a-kind experiences, at scale. The Infatuation to retain its independent point of view and operate as a distinct brand under JPMorgan Chase and will be led by Chris Stang, The Infatuation CEO and Co-Founder.

“We’ve long admired The Infatuation’s fresh approach to reaching people with relatable content that inspires new ways to experience life through food and drink, whether it’s down the street or across the globe. We look forward to building on our complementary missions of connecting people to experiences around a shared passion for dining,” stated Marianne Lake, co-CEO of Chase.

The Infatuation, founded in 2009 by Stang and co-founder Andrew Steinthal, is an editorial platform built with real people sharing real opinions to find the best restaurant for any situation.

JPMorgan Chase & Co (JPM) is a global financial service leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset management, and commercial banking. To learn more about JPMorgan Chase & Co. (JPM) and to continue to track its progress please visit the Vista Partners JPMorgan Chase & Co. Coverage Page.

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(Read Original Story: JPMorgan Chase to Acquire Leading Restaurant Discovery Platform, The Infatuation in Business Wire)


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