Aramark is spinning off its SeamlessWeb online and mobile food ordering service following the sale of a minority stake in the service to private equity firm Spectrum Equity Investors. In the deal, Aramark received $50 million from Spectrum, which specializes in investing in digital media and e-commerce businesses. Aramark still retains majority ownership of the business, which will now operate as a standalone enterprise rather than a unit under the Aramark corporate umbrella. “This ...
Register to view this Article
Registering for Premium Content on Food Management will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick.