Seville-based CoverManager and Paris-based Zenchef, two European providers of digital solutions for restaurants and hospitality venues have announced today their merger to create a global leader with over 36,000 restaurants across 20 countries.
The merger was announced by Bullhound Capital who has counted CoverManager within its portfolio since 2022 as it scaled internationally from Spain to Mexico, Italy, and France. This marks the first liquidity event in 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 supports restaurants, nightclubs and beach clubs across Europe and LATAM, increasing customer demand and loyalty, reducing no-shows and streamlining operations through its hospitality solution. Their technology integrates with over 140 technology tools to elevate the guest experience for venues ranging from small neighborhood gems to Michelin-starred restaurants.
Founded in 2010, Zenchef empowers restaurants of all sizes – from family-owned bistros to Michelin-starred destinations – to take control of their guest experience and revenue management. With ZenchefOS, a commission-free platform, restaurants can streamline reservations, optimise table management, and accelerate payments. Used by establishments such as Table by Bruno Verjus, De Librije, Geranium, and Alléno Paris, Zenchef aims to redifine restaurant success with technology that puts hospitality first.
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 group will move beyond reservation systems to deliver a powerful, AI and data-driven ecosystem that empowers restaurants to control every step of the guest journey – from discovery to loyalty – while looking to maximise revenue and profitability.
With a combined network of over 36,000 restaurants handling more than 650 million guest experiences annually across 20+ countries, it is set to emerge as a leading alternative to global platforms, committed to putting control back into the hands of restaurateurs.
In addition, with a network of almost 800 Michelin-starred restaurants – including 60% of all Michelin-starred establishments in France and the Benelux, and 50% in Spain – alongside numerous other fine-dining destinations, the combined group will reinforce its position as a leader in the fine-dining segment.
By joining forces, both Zenchef and CoverManager will benefit from meaningful product synergies, accelerated geographic expansion, and a stronger value proposition in a fast-evolving hospitality sector.
Industry trends such as digitalisation, multi-channel inventory management, and the growing need for direct guest relationships create a large market opportunity, reportedly valued 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 that CoverManager’s merger with Zenchef reflects their commitment to backing category-defining companies and driving strategic outcomes that unlock long-term value. After the merger, they will remain partners of the combined entity and continue supporting the business ahead its next stage of growth.