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New Deal


Announced

Completed

Delivery Hero completed the acquisition of Yemeksepeti for $589m.

Financials

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Transaction Value£389m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Transportation Services

Private

food delivery services

Majority

Cross Border

Completed

Friendly

Turkey

Acquisition

Single Bidder

Private Equity

Synopsis

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Delivery Hero, a global provider of online and mobile food ordering, completed the acquisition of Yemeksepeti, a Turkish food delivery company, for $589m. “We are very proud to have built a company that has changed the way people think and order food in Turkey. During our 15 year history we have had many approaches from global and local investors however we were waiting for the right time and the right partner. Today, I am delighted to team up with a company whose global ambitions, corporate culture and way of doing business are so aligned with ours. We are very excited to leverage our 15 years of know-how and innovative business approach to new regions with Delivery Hero,“ Nevzat Aydin, Yemeksepeti CEO.

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