Like Taro

closed 4/17/2019 via BusinessWire

Eat Club, acquired Taro

synopsis: EAT Club, the food delivery service for businesses that personalizes the way employees eat meals together, announced that it has acquired Bay Area-based Taro, a chef-to-table marketplace for healthy, authentic homestyle meals that are delivered directly to the customer.
buyer: Eat Club
EAT Club is the food delivery service for businesses that personalizes the way employees eat meals together. With EAT Club, employees have the power to choose their meals each day, from a mobile app featuring a curated menu of over 100 different dishes a week. "
target: Taro
Taro is a chef-to-table marketplace for healthy, authentic homestyle meals that are delivered directly to the customer. They connect people with local chefs who are already preparing their favorite homemade food each week so they can place an order and #EatHappy in the comfort of their own home.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/21/2020 via BusinessWire

Zomato, purchased Food Delivery Business in India from Uber Eats

synopsis: Zomato, one of the largest food apps in India, announced that it has acquired Uber’s food delivery business in India in an all-stock transaction. Uber Eats is an online food ordering and delivery platform. Uber Eats allows consumers to easily order food from their favorite local restaurants and have it delivered right to their door.
buyer: Zomato
Zomato is a restaurant search and discovery app, providing in-depth information for over 1 million restaurants across 24 countries. Zomato is used by consumers globally to discover, rate, and review restaurants, as well as create their own personal networks to give trusted recommendations. "
seller parent: Uber Technologies, Inc.
seller: Uber Eats
Uber Eats is an online food ordering and delivery platform. Uber Eats allows consumers to easily order food from their favorite local restaurants and have it delivered right to their door. Users can order on the Uber Eats website or through the Uber Eats smartphone app.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/23/2019 via BNC Analysis

Delivery Hero, acquired Honest Food Company GmbH

synopsis: Delivery Hero has acquired Honest Food Company GmbH, a company that provides online food delivery services. Honest Food Company is Europe's leading "Ghost Restaurant"​ chain. Each virtual brand is the result of thousands of hours of rigorous testing and development by the most talented chefs, using the most fresh and exciting ingredients.
buyer: Delivery Hero (DB:DHER:$987.25)
Founded in Berlin in 2011, Delivery Hero is an online food-ordering service operating worldwide in 40+ countries. They promote delivery service in the digital age, helping customers find their favorite foods easily and conveniently from home, from work, or on the road. "
target: Honest Food Company GmbH
Honest Food Company GmbH provides online food delivery services. Honest Food Company is Europe's leading "Ghost Restaurant"​ chain. Each virtual brand is the result of thousands of hours of rigorous testing and development by the most talented chefs, using the most fresh and exciting ingredients.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/18/2019 via BNC Analysis

Just-Eat Spain S.L., acquired Canary Flash

synopsis: Just Eat, the company dedicated to the sector of food delivery, has acquired the platform Canary Flash (Canary Delivery Company SL). Canary Flash is dedicated to food delivery service from various restaurants in Las Palmas de Gran Canaria.
buyer parent: Just Eat
buyer: Just-Eat Spain S.L.
Just Eat Spain is an online food ordering and delivery service. Just Eat leads the food delivery market in Spain in both orders and number of restaurants. The company began operating in Spain in March 2010 and currently covers 95% of the national territory. "
target: Canary Flash
Canary Delivery Company SL, under the Canary Flash brand, is dedicated to food delivery service from various restaurants in Las Palmas de Gran Canaria. This company was born with a clear objective: local specialization.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/4/2019 via BNC Analysis

Delivery Hero, acquired Foody

synopsis: Delivery Hero, one of the biggest online food ordering and delivery marketplaces in the world, has acquired Foody, an online food ordering service based in Cyprus. Foody allows users to order all types of food from over 600 restaurants and coffee shops, including American, Indian, Asian, Mexican, and more.
buyer: Delivery Hero (DB:DHER:$987.25)
Founded in Berlin in 2011, Delivery Hero is an online food-ordering service operating worldwide in 40+ countries. They promote delivery service in the digital age, helping customers find their favorite foods easily and conveniently from home, from work, or on the road. "
target: Foody
Foody is an online food ordering service based in Cyprus. Foody offers delivery and takeaway in all regions of the island. Foody allows users to order all types of food from over 600 restaurants and coffee shops, including American, Indian, Asian, Mexican, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/4/2019 via BNC Analysis

Yanolja Inc., will acquire Dailyhotel

synopsis: Yanolja Co., South Korea’s leading accommodation booking site operator, will acquire Dailyhotel, the country’s largest booking platform for luxury hotels and restaurants, as part of efforts to further diversify its business portfolio to transform into a comprehensive leisure platform provider. 
buyer: Yanolja Inc.
Yanolja is South Korea’s leading accommodation platform. They help people enjoy various leisure activities by providing space-based on-demand service. Their main business is to provide accommodation information, reservation platform, budget hotel franchise and travel contents. "
target: Dailyhotel
Dailyhotel is South Korea's online and mobile reservation site for about 400,000 hotels in 210 countries, as well as 4,700 pensions and 1,000 fine-dining restaurants. With an outstanding service and efficiency, it is the first and the best mobile hotel and restaurant booking service in Korea.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/14/2019 via GlobeNewswire

Paytronix, acquired Open Dining

synopsis: Paytronix Systems, Inc., developer of the most advanced digital guest experience platform, announced the acquisition of Open Dining, the leading provider of ordering and delivery for small-to-medium-sized restaurants. As a result of the acquisition, Open Dining will now be known as Paytronix Order & Delivery,
buyer: Paytronix
Paytronix is a provider of SaaS customer experience management solutions for restaurants and convenience stores. Through its innovative software design and integrations, Paytronix empowers brands, giving them the flexibility to deliver unique, revenue-enhancing guest experiences. "
target: Open Dining
Open Dining is the leading provider of ordering and delivery for small-to-medium-sized restaurants. Their platform is designed to make ordering simple and easy for customers, so restaurants get as many orders as possible. It makes it simple to keep in touch with customers and keep them coming back.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/1/2019 via BusinessWire

DoorDash, acquired Caviar

synopsis: Square, Inc. announced it has completed its sale of Caviar to DoorDash. Caviar is an all-in-one food ordering platform that connects diners with the most crave-worthy restaurants, via convenient delivery, pickup, or catering.
buyer: DoorDash
DoorDash Inc. is a San Francisco–based on-demand food delivery service founded in 2013. They are one of several technology companies that uses logistics services to offer food delivery from restaurants on-demand. "
target parent: Square, Inc.
target: Caviar
Caviar is an all-in-one food ordering platform that connects diners with the most crave-worthy restaurants, via convenient delivery, pickup, or catering.
price ($mm)
$410
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/31/2019 via PR Newswire

Delivery.com, acquired Mr. Delivery

synopsis: Delivery.com, a leading destination for on-demand ordering that connects consumers to their favorite local businesses, has acquired Mr. Delivery, an online ordering and food delivery service located in 19 cities across the United States. They make ordering food simple, fun, and accessible via your desktop or mobile device.
buyer parent: Cantor Fitzgerald, & Co.
buyer: Delivery.com
Delivery.com empowers the neighborhood economy by enabling consumers and corporate customers to order online from their favorite restaurants and other local businesses. More than two and a half million delivery.com customers explore their communities and order from over 15,000 local businesses. "
target: Mr. Delivery
Mr. Delivery is an online ordering and food delivery service located in 19 cities across the United States. They make ordering food simple, fun, and accessible via your desktop or mobile device.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/31/2019 via PR Newswire

Menu Group, acquired Eda.ua

synopsis: Menu Group, an operator of websites for food delivery, has acquired Eda.ua, a unique Ukrainian food order service that combines hundreds of restaurants, cafes, delivery services and stores into a single system.
buyer: Menu Group
Menu Group is the first food delivery service in Armenia. They now operate websites for food delivery in Armenia, Georgia, Belarus and Ukraine. Their team works hard to keep their mission at the forefront of all we do. "
target: Eda.ua
Eda.ua is a unique Ukrainian food order service that combines hundreds of restaurants, cafes, delivery services and stores into a single system. The purpose of eda.ua is to provide the user with simple and convenient conditions for quick ordering food on the Internet.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/29/2019 via BNC Analysis

Just Eat will be merged with Takeaway.com,

synopsis: Just Eat, a UK-based company that operates a leading global marketplace for online food delivery, providing customers with an easy and secure way to order and pay for food from restaurants, will merge with Takeaway.com, a leading Dutch online food delivery marketplace, focused on connecting consumers and restaurants through its platform.
buyer: Takeaway.com (ENXTAM:TKWY:$258.67)
Based in the Netherlands, Takeaway.com is a leading online food delivery marketplace, focused on connecting consumers and restaurants through its platform in 10 European countries and Vietnam. Takeaway.com offers an online marketplace where supply and demand for food delivery and ordering meet. "
target: Just Eat (LSE:JE:$1,103.79)
The UK Just Eat Group operates a leading global marketplace for online food delivery, providing customers with an easy and secure way to order and pay for food from their restaurant partners. They inspire their restaurant partners to raise their game with data and insights.
price ($mm)[EV]
$6,185 [$6,276]
rev ($mm)
$1,084
EBITDA ($mm)
$130
EV / rev
5.9x
EV / EBITDA
48.7x
closed 6/12/2019 via PR Newswire

sweetgreen, acquired Galley Foods

synopsis: sweetgreen, the restaurant brand serving healthy food at scale, has acquired Galley Foods, a meal delivery company that delivers locally prepared, chef-made meals to their customer's door. Galley Foods' website and mobile app allow users to order fully cooked meals that feature fresh, clean, and organic ingredients.
buyer: sweetgreen
sweetgreen is a chain of salad restaurants. sweetgreen is changing the fast-food industry by serving healthy, real food at scale. sweetgreen serves customers across 94 restaurants, providing them with food that was made from scratch using fresh ingredients. "
target: Galley Foods
Galley Foods is a meal delivery company that delivers locally prepared, chef-made meals to their customer's door. Galley Foods' website and mobile app allow users to order fully cooked meals that feature fresh, clean, and organic ingredients. Galley Foods makes eating healthy easy and enjoyable.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/26/2019 via BNC Analysis

Meal Temple, acquired MyDelivery

synopsis: Cambodia-based on-demand food delivery and logistics firm Meal Temple Group has acquired MyDelivery. MyDelivery is an online food ordering service which partners up with over 200 restaurants in Lao's capital of Vientiane. They offer current menus and delivery services on an online platform to customers.
buyer: Meal Temple
Mealtemple is Cambodia's online food delivery service which allows people to choose and order food and beverages from the restaurants around them. "
target parent: Kiwi Group
target: MyDelivery
MyDelivery is a Laos based on-demand food delivery company. They partner up with over 200 restaurants in Lao's capital of Vientiane and provide diners with current menus and delivery services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/20/2019 via BNC Analysis

Woowa Brothers Corp., will acquire Vietnammm

synopsis: Takeaway.com entered into an agreement to sell Vietnammm.com (Takeaway.com Asia ) to Woowa Brothers, operators of the Korean market leader “BaedalMinjok”. Vietnammm Co., Ltd. owns and operates a food ordering website in Vietnam. It enables users to view and select restaurants based on their delivery area and place the order.
buyer: Woowa Brothers Corp.
Woowa Brothers Corp is the food-tech industry leader that runs the country’s most popular food delivery mobile app “Baedal Minjok.” "
target parent: Takeaway.com
target: Vietnammm
Vietnammm Co., Ltd. owns and operates a food ordering website in Vietnam. It enables users to view and select restaurants based on their delivery area and place the order.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/21/2018 via Company Press Release

Takeaway.com, will purchase German Business from Delivery Hero

synopsis: Delivery Hero, an online food-ordering service operating worldwide in 40+ countries, will sell its German food delivery businesses Lieferheld, Pizza.de and foodora to Takeaway.com, a leading online food delivery marketplace.
buyer: Takeaway.com (ENXTAM:TKWY:$258.67)
Based in the Netherlands, Takeaway.com is a leading online food delivery marketplace, focused on connecting consumers and restaurants through its platform in 10 European countries and Vietnam. Takeaway.com offers an online marketplace where supply and demand for food delivery and ordering meet. "
seller: Delivery Hero (DB:DHER:$987.25)
The acquisition includes the German food delivery businesses of Delivery Hero, Lieferheld, Pizza.de and foodora. Delivery Hero is an online food-ordering service operating worldwide in 40+ countries.
price ($mm)
$1,051
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/19/2018 via BNC Analysis

Goldbelly, Inc., acquired FoodyDirect

synopsis: Goldbelly, an online food marketplace that ships meals directly to customers overnight from restaurants around the U.S., has acquired FoodyDirect. FoodyDirect.com is an online marketplace that features awesome foods from the top restaurants, bakeries and artisan purveyors around the United States.
buyer: Goldbelly, Inc.
Goldbelly is an online food marketplace that ships meals directly to customers overnight from restaurants around the U.S. "
target: FoodyDirect
FoodyDirect.com is an online marketplace that features awesome foods from the top restaurants, bakeries and artisan purveyors around the United States. These foods are shipped directly from these shops and are conveniently delivered to the customer's door at the time of their choosing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/8/2018 via Company Press Release

HOSPITALITY.digital, will acquire Restu s.r.o.

synopsis: HOSPITALITY.digital, a German company that actively contributes to the digitalisation of the hospitality sector, will acquire Restu from Miton, a Czech venture capital company. Restu is the largest restaurant guide and reservation platform for diners and restaurants in the Czech Republic.
buyer parent: Metro AG
buyer: HOSPITALITY.digital
HOSPITALITY.digital is a German company that actively contributes to the digitalisation of the hospitality sector. The company implements a variety of digital solutions and innovations for hotels, restaurants, caterers and trader businesses. "
target parent: MITON CZ, s.r.o.
target: Restu s.r.o.
Restu is the largest restaurant guide and reservation platform for diners and restaurants in the Czech Republic. Restu allows users to discover restaurants, cafes, or bars, and reserve a table with a single click using their computer or mobile device.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/12/2018 via BNC Analysis

Bistro.sk, acquired NaPizzu.sk

synopsis: Bistro.sk, the largest online food delivery service in Slovakia, owned and operated by Ringier Axel Springer, purchased the portal NaPizzu.sk from Petit Press. NaPizzu.sk is a Slovakian online food delivery service for pizza that helps users find the best pizza restaurants.
buyer parent: Ringier Axel Springer Media AG
buyer: Bistro.sk
Bistro.sk, owned and operated by Ringier Axel Springer, is the largest online food delivery service in Slovakia. Bistrok.sk lets customers choose from over 675 restaurants that have more than 200 thousand ratings. "
target parent: Petit Press, a.s.
target: NaPizzu.sk
NaPizzu.sk is a Slovakian online food delivery service. NaPizzu.sk helps users find the best pizza restaurant and order pizza delivery online to their homes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/29/2018 via Company Press Release

WhatsHalal Singapore Pte Ltd, acquired HalalOnClick

synopsis: WhatsHalal, a mobile food delivery app in Singapore, has acquired HalalOnClick, an online food delivery platform in Singapore. HalalOnClick allows users to order their favorite halal dishes and have it delivered right to their doorstep.
buyer: WhatsHalal Singapore Pte Ltd
WhatsHalal is a mobile food delivery app in Singapore. WhatsHalal allows users to easily order their favorite meal from halal and Muslim owned restaurants in just a few taps. WhatsHalal's delivery team ensures that all orders are delivered fresh and hot as possible. "
target: HalalOnClick
Founded in 2014, HalalOnClick is an online food delivery platform in Singapore. HalalOnClick allows users to order their favorite halal dishes and have it delivered right to their doorstep. HalalOnClick delivers hot and fresh food from local stalls and cafes in Singapore.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/22/2018 via BNC Analysis

Breadfast Group, acquired A Tigela Nova

synopsis: Breadfast, a home delivery breakfast company in Portugal, has acquired, A Tigela Nova, an online platform in Portugal that provides breakfast delivery services. A Tigela Nova allows people to order breakfast meals and have them delivered to their home the next morning. They offer bread, croissants, ham, cheese, tea and other staple breakfast foods.
buyer: Breadfast Group
Breadfast is a home delivery breakfast company in Portugal. Breadfast customers can place orders online and have a fresh prepared breakfast delivered right to their doorstep the next morning. Breadfast offers continental, veggie, and light breakfast choices. "
target: A Tigela Nova
A Tigela Nova is an online platform in Portugal that provides breakfast delivery services. A Tigela Nova allows people to order breakfast meals and have them delivered to their home the next morning. They offer bread, croissants, ham, cheese, butter, tea, coffee, and other staple breakfast foods.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/17/2019 via BusinessWire

Eat Club, acquired Taro

synopsis: EAT Club, the food delivery service for businesses that personalizes the way employees eat meals together, announced that it has acquired Bay Area-based Taro, a chef-to-table marketplace for healthy, authentic homestyle meals that are delivered directly to the customer.
buyer: Eat Club
EAT Club is the food delivery service for businesses that personalizes the way employees eat meals together. With EAT Club, employees have the power to choose their meals each day, from a mobile app featuring a curated menu of over 100 different dishes a week. "
target: Taro
Taro is a chef-to-table marketplace for healthy, authentic homestyle meals that are delivered directly to the customer. They connect people with local chefs who are already preparing their favorite homemade food each week so they can place an order and #EatHappy in the comfort of their own home.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/17/2019 via BusinessWire

Eat Club, acquired Taro

synopsis: EAT Club, the food delivery service for businesses that personalizes the way employees eat meals together, announced that it has acquired Bay Area-based Taro, a chef-to-table marketplace for healthy, authentic homestyle meals that are delivered directly to the customer.
buyer: Eat Club
EAT Club is the food delivery service for businesses that personalizes the way employees eat meals together. With EAT Club, employees have the power to choose their meals each day, from a mobile app featuring a curated menu of over 100 different dishes a week. "
target: Taro
Taro is a chef-to-table marketplace for healthy, authentic homestyle meals that are delivered directly to the customer. They connect people with local chefs who are already preparing their favorite homemade food each week so they can place an order and #EatHappy in the comfort of their own home.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/5/2018 via BNC Analysis

Zomato, acquired TongueStun

synopsis: Food-ordering app Zomato has announced that it has acquired TongueStun, a Bengaluru-based startup. TongueStun is the leader in the corporate cafeteria sector, and now caters to as many as 1,500 companies and provides 1,50,000 meals daily to office-goers through its 1,000-plus food partners.
buyer: Zomato
Zomato is a restaurant search and discovery app, providing in-depth information for over 1 million restaurants across 23 countries. Zomato is used by consumers globally to discover, rate, and review restaurants, as well as create their own personal networks to give trusted recommendations. "
target: TongueStun
TongueStun is a Bangalore-based startup which aggregates caterers and restaurants for office canteens. TongueStun has over 1,000 curated food partners along with 1,500 companies on its platform in six cities including Bengaluru, Mumbai, Hyderabad, Gurugram, and Pune.
price ($mm)
$18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/2/2015 via PR Newswire

GrubHub, Inc., acquired Restaurants on the Run, Inc.

synopsis: GrubHub is expanding its foothold in online food ordering with the acquisition of Aliso Viejo-based Restaurants on the Run. Restaurants on the Run specializes in corporate food delivery from 1,700 restaurants in Los Angeles, San Francisco, Orange County, San Diego, Houston, Seattle, Las Vegas and Tulsa.
buyer: GrubHub, Inc. (NYSE:GRUB:$840.45)
GrubHub is a leading online and mobile food ordering platform that shows diners local restaurants available for delivery or pick up. GrubHub features thousands of online and mobile ordering restaurants in hundreds of cities across the U.S. "
target: Restaurants on the Run, Inc.
Restaurants on the Run specializes in corporate food delivery from 1,700 restaurants in Los Angeles, San Francisco, Orange County, San Diego, Houston, Seattle, Las Vegas and Tulsa.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/5/2011 via BNC Analysis

Just-Eat Limited, acquired Urbanbite Ltd.

synopsis: Fast-growing online takeaway service provider Just-Eat announced that it has acquired Urbanbite, a London online food delivery company. The purchase marks Just-Eat’s entry into the corporate business.
buyer: Just-Eat Limited (LSE:JE:$1,103.79)
Just-Eat has created a whole new way of ordering takeaway food. Ordering online is simple, quick and efficient for both the customer and the restaurant owner. The Just-Eat end-to-end system for online ordering makes the takeaway ordering experience better for both parties. "
target: Urbanbite Ltd.
Urbanbite.com (originally Orangepip.com) was started by former British Airways IT expert Ben Carmona in 1999. Urbanbite is an online restaurant food-delivery service.
price ($mm)
rev ($mm)
$500
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 8/21/2019 via BNC Analysis

Caterwings, acquired Lemoncat

synopsis: Caterwings, the Rocket Internet-founded corporate catering marketplace that operates in eight countries, has acquired German competitor Lemoncat. LemonCat is an online platform for business catering that helps businesses find the best local food for their meetings, conferences and events.
buyer parent: Rocket Internet
buyer: Caterwings
Caterwings is an online marketplace for business catering. Founded in 2015, we’ve made it our mission to digitalize the catering market and simplify the process of choosing and ordering catering services online. "
target: Lemoncat
LemonCat is an online platform for business catering that helps businesses finding the best local food for their meetings, conferences and events. For the catering industry LemonCat offers CATERDESK.com, a SaaS solution for caterers to manage their business digitally.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/12/2019 via Company Press Release

Just Eat, acquired City Pantry Limited

synopsis: Just Eat plc, a leading global marketplace for takeaway food delivery, announces that it has acquired City Pantry. City Pantry, founded by Stuart Sunderland in 2014, is Europe’s leading B2B catering marketplace, linking caterers and restaurants with corporate customers providing food for their employees or clients.
buyer: Just Eat (LSE:JE:$1,103.79)
The UK Just Eat Group operates a leading global marketplace for online food delivery, providing customers with an easy and secure way to order and pay for food from their restaurant partners. They inspire their restaurant partners to raise their game with data and insights. "
target: City Pantry Limited
City Pantry, founded by Stuart Sunderland in 2014, is Europe’s leading B2B catering marketplace, linking caterers and restaurants with corporate customers providing food for their employees or clients.
price ($mm)
$20
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/8/2018 via BNC Analysis

Hungry Marketplace, acquired LocalStove

synopsis: HUNGRY, the online marketplace that connects independent chefs with the lucrative office catering market, announced the acquisition of Philadelphia-based LocalStove. LocalStove is a curated online marketplace that connects corporate catering customers with the best independent local cooks for office meetings and events.
buyer: Hungry Marketplace
Hungry Marketplace is an food-tech catering company that connects independent chefs with the office catering market. They provide a mobile and online food platform that connects professional chefs with businesses. "
target: LocalStove
LocalStove is a curated online marketplace that connects corporate catering customers with the best independent local cooks for office meetings and events. They provide a platform for companies to choose the right food based on budget, group size, and menu preferences.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/24/2018 via BusinessWire

ezCater, acquired GoCater

synopsis: ezCater, the world’s largest online marketplace for business catering, announced it has acquired GoCater, the Paris-headquartered corporate catering platform. GoCater allows businesses to book all their catering delivery orders online, and control their catering spending.
buyer: ezCater
ezCater is the world’s largest marketplace for business catering. ezCater’s online ordering, on-time ratings and reviews, and award-winning customer service help businesspeople from organizations of all sizes and industries make meetings more successful and employees more engaged. "
target: GoCater
GoCater allows businesses to book all their catering delivery orders online, and control their catering spending. Businesses can find, compare, and order from hundreds of local caterers and restaurants online. The platform is currently available in France and Germany.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/31/2018 via BNC Analysis

Rocket Internet, acquired Order-In

synopsis: German startup giant Rocket Internet has acquired Australian online corporate catering business Order-In. Launched in Sydney in 2000, Order-In allows corporate clients including Coca-Cola, Commonwealth Bank, and Twitter to search for and order catering from its network of suppliers.
buyer: Rocket Internet (XTRA:RKET:$59.51)
Rocket Internet incubates and invests in technology companies with proven business models, providing operational support and help to scale internationally. Rocket's selected companies are active in a large number of countries around the world with more than 28,000 employees. "
target: Order-In
Launched in Sydney in 2000, Order-In allows corporate clients including Coca-Cola, Commonwealth Bank, and Twitter to search for and order catering from its network of suppliers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/5/2019 via Reuters

Yummybox, acquired Berrykitchen

synopsis: Yummy Corp has acquired Indonesain online catering service pioneer Berrykitchen. Following the acquisition, the Berrykitchen team will be joining Yummy Corp’s online catering business unit, Yummybox. Both apps have also been merged and is currently available for both Android and iOS devices.
buyer parent: Yummy Corp
buyer: Yummybox
Yummybox is Yummy Corp’s online catering business unit. They deliver practical and chef-created daily lunch boxes to office employees in Jakarta & Tangerang Selata, Indonesia. Customers can choose their lunch menu for five or 10 working days in just a single click on the Yummybox app. "
target: Berrykitchen
Berrykitchen is the Indonesian online catering service pioneer. They make lunch boxes and bento meals for office workers. The app allows customers to choose or mix and match their own menu by providing delicious, healthy food at affordable prices to create a more enjoyable dining experience.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/29/2018 via BNC Analysis

Takeaway.com, will acquire 10bis

synopsis: European online food delivery company Takeaway.com has announced that it has signed an agreement to acquire Israeli online food company 10bis in Tel Aviv from TA Associates and its founder Tamir Carmel. 10bis is a leader in online and mobile food ordering from restaurants in Israel.
buyer: Takeaway.com (ENXTAM:TKWY:$258.67)
Based in the Netherlands, Takeaway.com is a leading online food delivery marketplace, focused on connecting consumers and restaurants through its platform in 10 European countries and Vietnam. Takeaway.com offers an online marketplace where supply and demand for food delivery and ordering meet. "
target parent: TA Associates
target: 10bis
10bis is a leader in online and mobile food ordering from restaurants in Israel. The company's cutting edge technology allows customers to easily eat at or order from more than 4,000 restaurants.
price ($mm)
$158
rev ($mm)
$15
EBITDA ($mm)
$7
EV / rev
10.2x
EV / EBITDA
23.7x
closed 4/19/2018 via BNC Analysis

Caviar, acquired Zesty

synopsis: Square, Inc.'s delivery arm Caviar acquired San Francisco-based catering business Zesty. Zesty makes it easy to provide healthy food for employees. Zesty has built a robust platform with features designed specifically for large corporate food programs, including menu planning tools and algorithms, order management software, and more.
buyer parent: Square, Inc.
buyer: Caviar
Caviar is an easy way to order meals from popular local restaurants across the U.S. Customers can order ahead on the web, or instantly from Caviar’s free mobile app for iOS and Android. Caviar provides customers with quick, reliable delivery service no matter where they are. "
target: Zesty
Zesty makes it easy to provide healthy food for employees. Zesty has built a robust platform with features designed specifically for large corporate food programs, including menu planning tools and algorithms, order management software, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/9/2013 via PR Newswire

Converge Global, Inc., acquired Chefinesse, Inc.

synopsis: Converge Global, Inc. announced that it has acquired Chefinesse, Inc., an Ontario Corporation, and its related domains including: www.chefinesse.com. Chefinesse will become a retail division focused primarily on a niche market, sophisticated and passionate about the hospitality and tourism industries.
buyer: Converge Global, Inc. (CVRG:$0.00)
Converge Global, Inc. seeks potential acquisitions, encourages strategic alliances and assesses business development to support and expand its tiered network and corporate growth. "
target: Chefinesse, Inc.
Chefinesse.com is a retail portal for gourmet connoisseurs to access and purchase quality products and value added services. Chefinesse will produce a 16 page magazine supplement with related advertising, in print and online, with "Preferred Magazine" to be featured in their Summer 2013 issue.
price ($mm)
$0.05
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/13/2019 via gamesindustry.biz

Cerberus Interactive, acquired TasteBud

synopsis: Cerberus Interactive, a mobile games company focused on re-defining the location-based game industry, has acquired TasteBud, an online marketplace for restaurant deals. TasteBud is an app that enables hungry college students to discover local restaurants around their university and lock dynamic offers.
buyer: Cerberus Interactive
Cerberus Interactive is a mobile games company focused on re-defining the location-based game industry. Cerberus Interactive builds games with a marketing-first design process. Their flagship game is a location based AR game that allows users to build bases and find treasure around their town. "
target: TasteBud
TasteBud is an online marketplace for restaurant deals. TasteBud is an app that enables hungry college students to discover local restaurants around their university and lock dynamic offers. TasteBud helps students save up to 50% off meals at their favorite restaurants.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/6/2019 via BusinessWire

ARAMARK Corporation, acquired Good Uncle

synopsis: Aramark, a global leader in food, facilities management and uniforms, announced the acquisition of privately-held Good Uncle, an innovative, app-based on-demand food delivery service that brings freshly prepared, restaurant quality meals to conveniently located pick-up points around college campuses.
buyer: ARAMARK Corporation (ARMK:$16,189.70)
Aramark Corporation, known commonly as Aramark, is an American food service, facilities, and uniform services provider to clients in areas including education, healthcare, business, corrections, and leisure. "
target: Good Uncle
Good Uncle is an innovative, app-based on-demand food delivery service that brings freshly prepared, restaurant quality meals to conveniently located pick-up points around college campuses.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/25/2018 via Company Press Release

GrubHub, Inc., will acquire Tapingo

synopsis: Grubhub, the nation's leading online and mobile food-ordering and delivery marketplace, will acquire Tapingo, a leading platform for campus food ordering. Tapingo enables tens of thousands of order-ahead transactions per day for more than half a million active diners at on-campus cafes, restaurants, and cashier-less stores.
buyer: GrubHub, Inc. (NYSE:GRUB:$840.45)
GrubHub is one of the nation's largest portfolios of online and mobile takeout food ordering and delivery services. The company's platforms and services strive to make takeout better through innovative restaurant technology, easy-to-use platforms and an improved delivery experience. "
target: Tapingo
Tapingo is a leading platform for campus food ordering. With over 150 college campus partners, Tapingo enables tens of thousands of order-ahead transactions per day for more than half a million active diners at on-campus cafes, restaurants, and cashier-less stores.
price ($mm)
$150
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/31/2016 via BNC Analysis

AroundCampus Group, LLC, acquired UConnection

synopsis: AroundCampus Group, LLC, a national leader in print advertising and marketing services for college students and communities, announced the acquisition of UConnection, Inc. UConnection is a leading dining and nightlife mobile app for college students.
buyer: AroundCampus Group, LLC
AroundCampus Group, LLC is a national leader in print advertising and marketing services for college students and communities. AroundCampus is well known for its annual Sales Foundation Academy, a rigorous product and sales training program for over 750 college interns across 250 campuses. "
target: UConnection
UConnection is an app that changes the way college students experience dining and nightlife. UConnection is quickly scaling across the country, making it one of the top Food & Drink apps in the iTunes AppStore and Google Play Store for college students.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/11/2018 via BNC Analysis

Placio, acquired Paco Meals

synopsis: Placio, a Noida-based Student Housing Start-Up, acquired Paco Meals, a subscription based food start-up. Paco Meals focuses on appearance, aroma, and appetite and promises no menu repetition for at least three months.
buyer: Placio
Placio, a user-friendly digital platform based in India, brings a new way of life for the students of Universities. Founded on the belief of community-based living, Placio entails co-living in an environment where experience is more important than possession. "
target: Paco Meals
Based in India, Paco Meals is a subscription based food start up, focused on its 3As: Appearance, Aroma and Appetite. With a promise of no menu repetition for at least for three months, it also gives the freedom for students to bring their favorite recipes from homes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/22/2013 via BNC Analysis

Fancy, acquired Samplrs.com

synopsis: Fancy has acquired Samplrs.com — a specialist in artisanal foods, which it sells by subscription. Using Samplrs, people can buy products a la carte each month and usually receive 4-6 products from “up and coming” local food artisans.
buyer: Fancy
Fancy operates as a part store and blog. It enables users to make a catalog of favorite things around the Web. The company also provides updates on brands and stores; and mobile applications. Fancy was incorporated in 2010 and is based in New York, New York. "
target: Samplrs.com
Samplrs.com provides food artisans with a new way promote their products and to provide customers with a new way to discover amazing food from the comfort of their own home or office. Subscribers can buy products a la carte each month receiving 4-6 products from “up and coming” local food artisans.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/5/2015 via GlobeNewswire

JMU will be merged with WoWo Ltd.,

synopsis: WoWo Ltd., a leading e-commerce platform serving local lifestyle services merchants and consumers in China, announced that the company has entered into a definitive agreement with shareholders of JMU (Join Me Group (HK) Investment Company Limited) to form a market leader in China's largest online platform for food service industry.
buyer: WoWo Ltd. (WOWO:$30.07)
WoWo Ltd. operates China’s leading third-party e-commerce platform on both www.55.com and mobile applications, focusing on local entertainment and lifestyle services such as restaurants, movie theaters and beauty salons. "
target: JMU
JMU is the largest B2B procurement platform for the foodservice industry in China. Through cooperation with industry associations and the formation of industrial alliances, JMU has great resource leverage in China's foodservice industry.
price ($mm)
$524
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/7/2014 via BNC Analysis

Sunfarm Food Service, acquired Farmplicity

synopsis: Farmplicity, the St. Louis-based startup that allows farmers to sell directly to local restaurants, has been acquired by Sunfarm Food Service, a St. Louis company that supplies local restaurants, caterers and hotels with premium produce and specialty grocery products.
buyer: Sunfarm Food Service
Sunfarm is committed to furnishing local restaurants, caterers, hotels, golf courses, schools and other fine institutions with premium quality produce and specialty products from around the world and around the corner. "
target: Farmplicity
Farmplicity makes it simple for restaurants to order locally-grown produce, fruits, meats, and more! Restaurants can quickly and easily browse listings for ingredients just like they would browse eBay, and farmers can instantly reach an ever-growing number of restaurants to increase sales.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

Like Taro


read more

Taro

Uber Eats

Honest Food Company GmbH

Canary Flash

Foody

Dailyhotel

Open Dining

Caviar

Mr. Delivery

Eda.ua

Just Eat

Galley Foods

MyDelivery

Vietnammm

Delivery Hero

FoodyDirect

Restu s.r.o.

NaPizzu.sk

HalalOnClick

A Tigela Nova

read more

Taro

read more

Taro

read more

TongueStun

Restaurants on the Run, Inc.

Urbanbite Ltd.

Lemoncat

City Pantry Limited

LocalStove

GoCater

Order-In

Berrykitchen

10bis

Zesty

Chefinesse, Inc.

TasteBud

Good Uncle

Tapingo

UConnection

Paco Meals

Samplrs.com

JMU

Farmplicity

Geography
Matching Companies
Ticker: LSE:JE
 
 
 
 
 
 
 
 
Just Eat
Just Eat
Just Eat operates the world’s leading online market place for takeaway delivery. Headquartered in London, they use proprietary technology to offer a quick and efficient online ordering service for over 8 million users and over 45,700 takeaway restaurants.
year
2019
rev ($mm)
$1,103.79
EBITDA ($mm)
$170.25
EBIT ($mm)
$115.79
Net Income ($mm)
$49.73
Employees
4772
  • drill down
  • watch
Ticker: DB:DHER
 
 
 
 
 
 
 
 
Delivery Hero
Delivery Hero
Delivery Hero is the leading global online food ordering and delivery marketplace. Present in more than 40 countries, their online marketplaces, which may be accessed over multiple channels, including mobile, provide a personalized and simple way of ordering food from a selection of restaurants.
year
2019
rev ($mm)
$987.25
EBITDA ($mm)
($339.11)
EBIT ($mm)
($388.77)
Net Income ($mm)
$605.08
Employees
22948
  • drill down
  • watch
Ticker: NYSE:GRUB
 
 
 
 
 
 
 
 
GrubHub, Inc.
GrubHub, Inc.
GrubHub is one of the nation's largest portfolios of online and mobile takeout food ordering and delivery services. The company's platforms and services strive to make takeout better through innovative restaurant technology, easy-to-use platforms and an improved delivery experience.
year
2018
rev ($mm)
$840.45
EBITDA ($mm)
$175.31
EBIT ($mm)
$119.31
Net Income ($mm)
$127.40
Employees
2125
  • drill down
  • watch
Ticker: ENXTAM:TKWY
 
 
 
 
 
 
 
 
Takeaway.com
Takeaway.com is a leading online food delivery marketplace, focused on connecting consumers and restaurants through its platform in 10 European countries and Vietnam. Takeaway.com offers an online marketplace where supply and demand for food delivery and ordering meet.
year
2018
rev ($mm)
$258.67
EBITDA ($mm)
($27.68)
EBIT ($mm)
($36.53)
Net Income ($mm)
Employees
2672
  • drill down
  • watch
Ticker: OPEN
 
 
 
 
 
 
 
 
OpenTable
OpenTable
OpenTable is the world's leading provider of online restaurant reservations. The OpenTable service enables diners to see which restaurants have available tables, select a restaurant based on verified diner reviews, menus and other helpful information, and easily book a reservation.
year
2014
rev ($mm)
$198.33
EBITDA ($mm)
$60.20
EBIT ($mm)
$46.55
Net Income ($mm)
$22.60
Employees
664
  • drill down
  • watch
Ticker: WTRH
 
 
 
 
 
 
 
 
Waitr Inc.
Waitr Inc.
Founded in 2013 and based in Lake Charles, Louisiana, Waitr is a leader in on-demand food ordering and delivery in the Southeast U.S. Its platform connects local restaurants to hungry diners in underserved markets in America’s heartland.
year
2018
rev ($mm)
$56.58
EBITDA ($mm)
($20.59)
EBIT ($mm)
($21.46)
Net Income ($mm)
Employees
10000
  • drill down
  • watch
Ticker: DB:HFG
 
 
 
 
 
 
 
 
HelloFresh
HelloFresh
As the world's leading meal kit provider, HelloFresh supplies everything subscribers need to prepare delicious home-cooked meals that require no planning, no shopping and no hassle. Every ingredient needed for their thousands of exclusive recipes is carefully planned and delivered to users' doors.
year
2018
rev ($mm)
$1,245.49
EBITDA ($mm)
($79.36)
EBIT ($mm)
($88.66)
Net Income ($mm)
Employees
2715
  • drill down
  • watch
Ticker: AIM:MJW
 
 
 
 
 
 
 
 
Majesticwine
Majesticwine
Majesticwine is a UK-based online retailer who specialises in selling brilliant wine by the case. Majestic believes wine – whether buying it or selling it, and especially when drinking it – should be full of fun.
year
2014
rev ($mm)
$415.39
EBITDA ($mm)
$41.21
EBIT ($mm)
$33.70
Net Income ($mm)
$24.76
Employees
1049
  • drill down
  • watch
Ticker: HOLL
 
 
 
 
 
 
 
 
Hollywood Media Corporation
Hollywood Media Corporation
Project Hollywood LLC is majority owned by Laurie S. Silvers and Mitchell Rubenstein, who previously founded the SyFy Channel and MovieTickets.com. Ms. Silvers and Mr. Rubenstein currently own a variety of Internet properties including Hollywood.com, Spill.com, and Hollywood Wiretap.
year
2011
rev ($mm)
$3.77
EBITDA ($mm)
($5.81)
EBIT ($mm)
($6.05)
Net Income ($mm)
Employees
120
  • drill down
  • watch
Ticker: AMEX:ZDGE
 
 
 
 
 
 
 
 
Zedge Ltd
Zedge Ltd
Zedge is a content platform, and global leader in smartphone personalization, with more than 215 million app installs. People use Zedge to make their smartphones more personal; to express their emotions, tastes and interests using wallpapers, icons, widgets, ringtones and more.
year
2017
rev ($mm)
$9.94
EBITDA ($mm)
($0.28)
EBIT ($mm)
($0.90)
Net Income ($mm)
Employees
64
  • drill down
  • watch
Ticker: TSE:3963
 
 
 
 
 
 
 
 
Synchro Food Co., Ltd.
Synchro Food Co., Ltd.
Synchro Food is a Japan-based company that operates various websites for the food service industry. Their websites provide companies with various services that are useful for opening and managing a restaurant. Users can search for real estate, interior decorators, job-hunting services, and more.
year
2017
rev ($mm)
$12.14
EBITDA ($mm)
EBIT ($mm)
$5.43
Net Income ($mm)
$3.26
Employees
48
  • drill down
  • watch