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M&A Deal Summary

foodpanda Acquires Delivery Club

On June 18, 2014, foodpanda acquired internet software and services company Delivery Club

Acquisition Highlights
  • This is foodpanda’s 2nd transaction in the Internet Software and Services sector.
  • This is foodpanda’s 1st transaction in Russia.
Investment Fate
  • Delivery Club was divested to a consortium of strategic buyers in 2016 for 100M USD.

M&A Deal Summary
Date 2014-06-18
Target Delivery Club
Sector Internet Software and Services
Buyer(s) foodpanda
Deal Type Add-on Acquisition

Target

Delivery Club

Moscow, Russia
Delivery Club Ltd. is a provider of food delivery service with over 2,500 restaurants. Delivery Club is the major player in the growing Russian food delivery market. It currently has over 4,500 connected restaurants and the number of orders reached 20,000 per day. Delivery Club mobile app is the main way users access the service and accounts for over 72% of total orders. This share has increased 2.7x over the last three years.

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Buyer(S) 1

Buyer

foodpanda

Berlin, Germany
Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

foodpanda is a global online food delivery marketplace, active in 40 countries on five continents. foodpanda was formed in 2012 and is based in Berlin, Germany.

DEAL STATS #
Overall 2 of 13
Sector: Internet Software and Services M&A 2 of 12
Type: Add-on Acquisition M&A Deals 2 of 12
Country: Russia M&A 1 of 1
Year: 2014 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-19 MegaMenu

Brazil

MegaMenu is an online food ordering marketplace that allows users to discover, choose and order.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-17 NetPincer.hu

Budapest, Hungary

NetPincer.hu is a provider of pizza and food delivering services.

Buy -
Mergr

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