2 Acquisitions in the Food Delivery industry - Flippa

Company acquisitions in the Food Delivery industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in the Food Delivery industry.

SOL Cuisine acquired by PlantPlus Foods

Details about the transaction:

Acquisition amount: $99,592,071

Announcement: 12 November 2021

Details about the company:

SOL Cuisine is a service provider for vegetarian eateries in Toronto.

Headquarter:

Where to find them: Website

Industry: Food and Beverage, Food Delivery, Organic Food

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

St. Louis Bar and Grill acquired by Aegis Brands

Details about the transaction:

Acquisition amount: $50,000,000

Announcement: 29 September 2022

Details about the company:

The online food and beverage retailer St. Louis Bar & Grill specializes on wings, ribs, and beer.

Headquarter:

Where to find them: Website

Industry: E-Commerce, Food and Beverage, Food Delivery

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.

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