CoverManager And Zenchef Merge To Create Leading European Restaurant Tech Platform

The deal was announced by Bullhound Capital, which has backed CoverManager since 2022 as it expanded from Spain into Mexico, Italy, and France. This is the first exit from Bullhound Capital’s Fund VI.

José Antonio Pérez, Co-founder & CEO of CoverManager: “By joining forces with Zenchef, we are building a gold standard in tech for the hospitality industry allowing us to amplify our impact and accelerate our shared vision. This combination enables us to deliver even greater value to restaurants, empowering them to take control of their destiny in a highly competitive market and to deliver memorable guest experiences.”

Founded in 2015, CoverManager helps restaurants, nightclubs, and beach clubs across Europe and LATAM boost demand, reduce no-shows, and improve operations. Its platform integrates with over 140 tools to enhance the guest experience—from local favorites to Michelin-starred venues.

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Founded in 2010, Zenchef enables restaurants of all sizes to manage bookings, table layouts, and payments through its commission-free platform, ZenchefOS. Trusted by top names like Geranium and Alléno Paris, Zenchef focuses on putting hospitality first through smart, user-friendly technology.

Per Roman, Founder and Managing Partner at Bullhound Capital: “The combination of CoverManager and Zenchef creates a global champion in hospitality software, with unmatched product depth and international reach. We are proud to support José Antonio Pérez Moral, the visionary founder of CoverManager, and Thomas Jeanjean, the brilliant CEO of Zenchef, in building the next generation of B2B software leaders.”

The merged group will go beyond reservations to build an AI and data-powered platform that helps restaurants manage the full guest journey—from discovery to loyalty—while boosting revenue and profitability.

With over 36,000 restaurants and 650 million guest interactions yearly across 20+ countries, it positions itself as a strong alternative to global platforms, putting control back in the hands of restaurant owners.

The group also serves nearly 800 Michelin-starred restaurants, including 60% in France and the Benelux, and 50% in Spain, strengthening its leadership in fine dining.

Together, Zenchef and CoverManager will benefit from product synergies, faster international growth, and a stronger offering in the fast-changing hospitality industry. With trends like digitalisation and direct guest relationships on the rise, the market opportunity is estimated at over €4 billion.

Thomas Jeanjean, CEO of Zenchef: “This combination marks a major milestone in our mission to support restaurateurs with independent, high-performance tools. Together, we’re aiming to build the most robust, AI and data-driven ecosystem in the market — one that helps restaurants thrive and grow on their own terms. We look forward to working hand-in-hand with the CoverManager team to build the future of restaurant technology and accelerate our impact across Europe and globally.”

Bullhound Capital says the merger between CoverManager and Zenchef highlights its commitment to supporting category-leading companies and creating long-term value. Post-merger, Bullhound will stay on as a partner in the combined business, continuing to support its next phase of growth.