Wonder Announces Acquisition of Grubhub
1 day ago · Wonder will acquire Grubhub from Just Eat Takeaway.com for an enterprise value of $650 million, including $500 million of senior notes and $150 million cash. Completion is expected during Q1 2025, subject to customary closing conditions including regulatory approvals. Jefferies served as Wonder’s exclusive financial advisor on the transaction.
Food Hall Startup Wonder Acquires Grubhub for $650 Million
17 hours ago · Wonder Group, the “fast fine dining” retailer founded by serial entrepreneur Marc Lore, will purchase Grubhub from Just Eat Takeaway.com for $650 million, including $500 million in senior notes and $150 million in cash. The deal is projected to be finalized during Q1 2025, subject to customary closing conditions and regulatory approvals.
Chicago-based Grubhub sells for $650 million, just 3 years ... - CBS News
1 day ago · Last year, Wonder purchased meal kit company Blue Apron for $103 million. Grubhub, headquartered in Chicago, operates in more than 4,000 U.S. cities — with over 375,000 merchants and 200,000 ...
Wonder Group to buy food delivery service Grubhub for $650 …
1 day ago · Driving the news: Wonder Group, a food-delivery focused startup from former Walmart and Amazon exec Marc Lore, has agreed to pay $150 million in cash and assume $500 million in debt, the companies announced. Wonder also announced that is has raised $250 million from new investors.
Just Eat Takeaway finally offloads Grubhub, sells to Wonder for …
2 days ago · 10:11 PM PST · November 12, 2024. Netherlands-based food delivery company Just Eat Takeaway.com said on Wednesday that it is selling its U.S. business Grubhub to New York-based Wonder Group in a ...
Former Walmart Executive’s Startup to Buy Grubhub - WSJ
2 days ago · Wonder, a food-delivery startup led by former Walmart WMT 0.76% executive Marc Lore, agreed Wednesday to buy Grubhub from Europe’s Just Eat Takeaway, in a deal that values the business at $650 ...
Wonder, Marc Lore's 'Fast Fine' Food Business, Announces a $700 …
Mar 19, 2024 · Wonder, Lore’s New York City-based food delivery startup, which currently has 11 brick-and-mortar locations that serve fast-cooked meals by chefs including Bobby Flay and Michael Symon, has...
Marc Lore Is Trying to Build the Amazon of Food Delivery - The …
Mar 10, 2024 · Marc Lore, who co-founded Diapers.com, has invested more than $200 million of his own money into Wonder. “This is once in a lifetime,” Mr. Lore said.
Wonder, Marc Lore’s Food-Delivery Startup, Raises $700 Million
Mar 19, 2024 · A year after scrapping plans to develop a nationwide network of food trucks, a former Walmart executive’s startup wants to open nearly 100 delivery-focused restaurants around the New York City ...
Wonder to acquire Grubhub for $650M - Yahoo Finance
2 days ago · Wonder, the food hall-delivery chain founded by billionaire entrepreneur Marc Lore, is acquiring third-party restaurant delivery company Grubhub for $650 million. The companies on Wednesday said ...