The Infatuation, a media platform focused on restaurant discovery, is being acquired by JPMorgan Chase, as the bank looks to deepen its relationship with its customer base through dining. Terms of the transaction were not disclosed. “This partnership with JPMorgan Chase provides an incredible opportunity for us to engage with more people around the world and continue on The Infatuation’s mission of delivering the most useful and trustworthy recommendations in dining and travel,” said Chris Stang, CEO and Cofounder of The Infatuation. “JPMorgan Chase has proven to understand the value that high-quality content and experiences can have in building strong relationships with consumers who are passionate about these pursuits, and we’re excited about the enormous potential that will be unlocked by combining our resources.”
This partnership with JPMorgan Chase provides an incredible opportunity for us to engage with more people around the world and continue on The Infatuation’s mission of delivering the most useful and trustworthy recommendations in dining and travel. JPMorgan Chase has proven to understand the value that high-quality content and experiences can have in building strong relationships with consumers who are passionate about these pursuits, and we’re excited about the enormous potential that will be unlocked by combining our resources. – Chris Stang
Founded by Stang and Andrew Steinthal in 2009, The Infatuation had raised $33.5M in total equity funding. Backers of the company include Edward Lando, WndrCo, Empire Angels, Jason Fiedler, Maywic Select Investments, and Griffen Avenue Ventures. The Infatuation acquired Zagat in 2018 from Google. Stang will continue to lead the company under its own brand within the JPMorgan Chase umbrella.
“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,” said Marianne Lake, co-CEO of Chase. “We look forward to building on our complementary missions of connecting people to experiences around a shared passion for dining.”
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. – Marianne Lake
