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New Deal


Announced

Completed

Instacart completed the acquisition of Rosie.

Financials

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

Tags

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United States

online grocery platform

Friendly

online grocery shopping

Completed

Acquisition

Single Bidder

Domestic

Food Retailers and Wholesalers

Majority

Private

Synopsis

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Instacart, a grocery technology company, completed the acquisition of Rosie, an operator of an online grocery shopping platform. Financial terms were not disclosed. "Our focus is on creating technology solutions that are tailor-made to meet the online and in-store needs of all grocers - whether they're national chains or independently-owned and operated. Local and independent grocers are so important to the grocery ecosystem. They have loyal customers, create meaningful job opportunities and serve as cornerstones of their communities. The Rosie team understands these grocers better than anyone, and that's why we're proud to welcome them to Instacart. Together, we'll build more technologies that help independent grocers accelerate their pace of innovation so they can continue to compete, grow, and serve their customers however they choose to shop," Chris Rogers, Instacart Chief Business Officer.

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