M&A Deal Summary

Wonder Acquires GrubHub

On November 13, 2024, Wonder acquired internet software and services company GrubHub from Just Eat Takeaway for 650M USD

Acquisition Highlights
  • This is Wonder’s 1st transaction in the Internet Software and Services sector.
  • This is Wonder’s largest (disclosed) transaction.
  • This is Wonder’s 2nd transaction in the United States.
  • This is Wonder’s 1st transaction in Illinois.

M&A Deal Summary
Date 2024-11-13
Target GrubHub
Sector Internet Software and Services
Buyer(s) Wonder
Sellers(s) Just Eat Takeaway
Deal Type Divestiture
Deal Value 650M USD

Target

GrubHub

Chicago, Illinois, United States
GrubHub is an online and mobile food-ordering service that shows diners local restaurants available for delivery or pick up. GrubHub features online ordering restaurants and lists restaurant menus. Grubhub was founded in 1999 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Wonder

New York, New York, United States
Category Company
Founded 2018
Sector Restaurants
DESCRIPTION

Wonder is changing the food industry by creating the mealtime super app, operating a collection of vertically-integrated, delivery-first restaurants and pioneering a new category of “Fast Fine” dining. Wonder was formed in 2018 and is based in New York, New York.

DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-29 Blue Apron

New York, New York, United States

Blue Apron is an online retailer of fresh ingredients needed to cook meals at home. Blue Apron was incorporated in 2012 and is based in New York, New York.

Buy $103M

Seller(S) 1

SELLER

Just Eat Takeaway

Amsterdam, Netherlands
Category Company
Founded 2000
Sector Internet Software and Services
Employees13,155
Revenue 5.2B EUR (2023)
DESCRIPTION

Just Eat Takeaway is an online food delivery marketplace serving customers throughout Europe, Israel, and Asia. Takeaway is focused on connecting consumers and restaurants through its platform. Just Eat Takeaway was founded in 2000 and is based in Amsterdam, the Netherlands.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-10 GrubHub

Chicago, Illinois, United States

GrubHub is an online and mobile food-ordering service that shows diners local restaurants available for delivery or pick up. GrubHub features online ordering restaurants and lists restaurant menus. Grubhub was founded in 1999 and is based in Chicago, Illinois.

Buy $7.3B
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