Aramark - M&A Summary and Business Overview

Business ServicesCompany

Aramark M&A Summary

Aramark has acquired 14 companies, including 4 in the last 5 years. It has also divested 5 assets.

Aramark’s largest acquisition to date was in 2017, when it acquired Avendra for $1.4B. It’s largest disclosed sale occurred in 2011, when it sold Galls to CI Capital Partners for $163M. Aramark has acquired in 7 different US states, and 4 countries. The Company’s most targeted sectors include business services (36%) and food (15%).

Aramark Business Overview

Where is Aramark headquartered?

Aramark is headquartered in Philadelphia, Pennsylvania.

What is Aramark’s revenue?

Aramark disclosed revenue of 18,854M USD for 2023 and 16,327M USD for 2022.

How many employees does Aramark have?

Aramark has 262,550 employees.

What sector is Aramark in?

Aramark is a business services company.

When was Aramark founded?

Aramark was founded in 1959.

M&A Summary

  • M&A Total Activity18
    • M&A Buy Activity14
    • M&A Sell Activity4
  • Total Sectors Invested 8
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 10
  • M&A Advisors 6

Aramark

Aramark Corp.

2400 Market Street,
Philadelphia, Pennsylvania 19103
United States,
(215) 238-3000
www.aramark.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 11 - 2 1 - - 14
vol $3.2B $3.2B
Sell (0.0/yr) # 4 - - - - - 4
vol $163M $163M
  18

Most Recent M&A

Company Date Value Type
Forever Resorts 2022-04-14 - Add-on Acquisition
Scottsdale, Arizona · www.foreverresorts.com
Wilson Vale Catering Management 2021-12-17 - Add-on Acquisition
Ashby de la Zouch, United Kingdom · www.wilsonvale.co.uk
Next Level Hospitality 2021-04-29 - Add-on Acquisition
, Texas
Good Uncle Services LLC 2019-08-06 - Add-on Acquisition
New York, New York · www.gooduncle.com
Aramark HCT 2018-09-17 - Divestiture
Philadelphia, Pennsylvania
Avendra LLC 2017-10-16 1.4B USD Divestiture
Rockville, Maryland · www.avendra.com
AmeriPride Services, Inc. 2017-10-16 1.0B USD Add-on Acquisition
Minnetonka, Minnesota · www.ameripride.com
Pelican Procurement Services Ltd. 2017-05-24 - Add-on Acquisition
Surrey, United Kingdom · www.pelicanprocurement.co.uk
Seamless North America LLC 2013-05-20 - Merger
New York, New York · www.seamless.com
Galls LLC 2011-10-03 163M USD Divestiture
Lexington, Kentucky · www.galls.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Aramark Healthcare Support Services LLC    - Masterplan, Inc. 2012-03-20 1
Philadelphia, Pennsylvania Chatsworth, California · www.masterplan-inc.com
ARAMARK Refreshment Services LLC    - Filterfresh Coffee Service, Inc. 2011-10-05 1
Philadelphia, Pennsylvania · www.aramarkrefreshments.com Westwood, Massachusetts · www.filterfresh.com

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 5 (36%) 2.2B (68%) - -
Internet Software and Services 2 (14%) - 1 (25%) -
Food 2 (14%) - - -
Apparel/Textiles 1 (7%) 1.0B (32%) - -
Beverages 1 (7%) - - -
Healthcare Services 1 (7%) - - -
Leisure 1 (7%) - - -
Restaurants 1 (7%) - - -
Distribution - - 1 (25%) 163M (100%)
Information Technology - - 1 (25%) -
Staffing - - 1 (25%) -
Total 14 $3.2B 4 $163M

By Geo

State/Country Buy Value Sell Value
United States 10 3.2B 4 163M
  New York 3 - 1 -
  Texas 2 - - -
  Arizona 1 - - -
  Minnesota 1 1.0B - -
  Michigan 1 - - -
  Maryland 1 1.4B - -
  Illinois 1 800M - -
  Virginia - - 1 -
  Pennsylvania - - 1 -
  Kentucky - - 1 163M
United Kingdom 2 - - -
Canada 1 - - -
  Quebec 1 - - -
India 1 - - -
Domestic 10 (71%) 3.2B (100%) 4 (100%) 163M (100%)
Cross-border 4 (29%) - - -
Total 14 $3.2B 4 $163M

Top M&A Advisors

Financial Deals
Goldman Sachs
2
J.P. Morgan Securities
2
Meghraj Capital Advisors Pvt. Ltd.
1
Legal Deals
Simpson Thacher & Bartlett
2
Morgan Lewis
1

Deal Values

buy # Total
> $1B 2 $2.4B
$100M to $1B 1 $800M
TOTAL $3.2B
Largest Avendra LLC
$1.4B (2017-10-16)
sell # Total
$100M to $1B 1 $163M
TOTAL $163M
Largest Galls LLC
$163M (2011-10-03)

M&A Connections

Deals
Acquired from
Strategic(s)
14%
2 (14%)
Divested to
Investor(s)
25%
1 (25%)
Strategic(s)
75%
3 (75%)

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