Hungry House and MegaBite merge to form BiteLabs

The merger will boost the presence of their chef-inspired, digital-forward brands across the US, Mexico and Peru.

Umesh Ellichipuram March 12 2024

Tech-enabled multi-brand fast-casual restaurant platforms Hungry House and MegaBite have agreed to merge their business to create a new entity named BiteLabs.

The move is anticipated to bolster the presence of their chef-inspired, digital-forward brands across the US, Mexico and Peru, leveraging a combined network of 13 locations.

Founded in 2021, US-based Hungry House collaborates with chefs to create signature dishes, available through delivery and collection at its Manhattan and Brooklyn venues.

MegaBite focuses on introducing chef-backed virtual brands in Mexico and Peru, which can be accessed via delivery channels and its proprietary app.

With a combined annual revenue exceeding $6m, the merged entity will focus on in-store retail, first-party delivery and third-party delivery partnerships with platforms such as Uber Eats, GrubHub and DoorDash, as well as Rappi in Latin America.

MegaBite and BiteLabs CEO Pedro Neira said: “We believe that Hungry House and MegaBite, operating together, have the potential to be the most innovative, tech-enabled, multi-brand fast-casual restaurant group across the Americas.

“We'll continue to bring our vision of chef-backed fast-casual restaurants with a dynamic in-store experience and a robust native app to diverse audiences passionate about great food.

“This will uplift choice for the consumer with groundbreaking, high-quality culinary brands developed in partnership with today's most exciting chefs and provide a range of consumer choices facilitated by algorithmically personalised options.”

The two companies will continue their operations as vertically integrated entities under the BiteLabs brand.

Neira stated: “We will aim not only to significantly increase our revenue performance, but also work toward world-class unit economics across our soon-to-be 15 locations in a retail-forward model, collaborate with our inspiring chef partners, and delight our curious diners from the US to Latin America.”

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close