M&A Deal Summary

Aramark Acquires Pelican Procurement Services

On May 24, 2017, Aramark acquired business services company Pelican Procurement Services

Acquisition Highlights
  • This is Aramark’s 3rd transaction in the Business Services sector.
  • This is Aramark’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2017-05-24
Target Pelican Procurement Services
Sector Business Services
Buyer(s) Aramark
Deal Type Add-on Acquisition
Advisor(s) Ashcombe Advisers (Financial)

Target

Pelican Procurement Services

Surrey, United Kingdom
Pelican Procurement Services Ltd. have developed a portfolio of comprehensive procurement services and web based systems, which will enable organisation to achieve significant cost savings, improve back office processes and gain financial control and visibility over your purchasing.

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Buyer(S) 1

Buyer

Aramark

Philadelphia, Pennsylvania, United States
Category Company
Founded 1959
Sector Business Services
Employees262,550
Revenue 18.9B USD (2023)
DESCRIPTION
Aramark supply vehicle in Superior, Wisconsin.
Aramark supply vehicle in Superior, Wisconsin.

Aramark is a professional services, providing food services, facilities management, and uniform and career apparel to healthcare institutions, universities and school districts, stadiums and arenas, businesses and government departments and agencies. Aramark was incorporated in 1959 and is headquartered in Philadelphia, Pennsylvania.

DEAL STATS #
Overall 8 of 14
Sector (Business Services) 3 of 5
Type (Add-on Acquisition) 6 of 11
Country (United Kingdom) 1 of 2
Year (2017) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-20 Seamless North America

New York, New York, United States

Seamless is the leading online food ordering service in the United States. The Company offers consumers and corporations an easy-to-use, web-based platform for ordering meals and catering from over 7,000 restaurants in the U.S. and U.K. Over one million individuals and many of the world’s largest companies have made Seamless their preferred service for online food ordering by placing more than 50 million food orders through the company’s websites. Seamless is headquartered in New York, NY.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-16 Avendra

Rockville, Maryland, United States

Avendra LLC is a hospitality procurement services provider and hospitality expertise, purchasing power, services and software to help more than 8,000 customers impact the bottom line, improve operational performance, and better serve guests. Avendra LLC was founded in 2000 and is based in Rockville, Maryland

Buy $1.4B
Mergr

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