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June 8, 2011 03:17 pm GMT
Private equity firm Spectrum Equity has acquired from ARAMARK a minority stake in SeamlessWeb, which offers an online and mobile food ordering service, for $50 million. Following the transaction, SeamlessWeb's operations will be separated from those of ARAMARK.SeamlessWeb CEO Jonathan Zabusky posits that the transaction enables the company to pursue accelerated expansion and product innovation, as well as 'opportunistic' acquisitions.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Gyou9fm-rjw/
ARAMARK Sells Stake In Online Food Ordering Service SeamlessWeb For $50M
Private equity firm Spectrum Equity has acquired from ARAMARK a minority stake in SeamlessWeb, which offers an online and mobile food ordering service, for $50 million. Following the transaction, SeamlessWeb's operations will be separated from those of ARAMARK.SeamlessWeb CEO Jonathan Zabusky posits that the transaction enables the company to pursue accelerated expansion and product innovation, as well as 'opportunistic' acquisitions.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Gyou9fm-rjw/
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