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Announced

Completed

DoorDash completed its acquisition of Caviar from Square for $410m.

Financials

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Transaction Value£337m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Single Bidder

food delivery services

Private

E-commerce

Friendly

Acquisition

Completed

Majority

Synopsis

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DoorDash, a last-mile logistics platform in the US, completed its acquisition of Caviar, an all-in-one food ordering platform, from Square, a financial services, merchant services aggregator and mobile payment company, for $410m. "The acquisition further enhances the breadth of our merchant selection, enabling us to offer customers even more choice when they order through DoorDash. We look forward to welcoming the Caviar team to DoorDash and expanding our partnership with Square in the future," Tony Xu, DoorDash CEO.

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