Tuesday, May 5, 2015

Aramark spins off Seamless online takeout service

Follows Spectrum Equity deal

Aramark spins off Seamless online takeout service

Travel Deals

Aramark, the Philadelphia-based food service and work clothes company owned by longtime chairman Joseph Neubauer and a group of corporate buyout funds, says it has spun off Seamless (formerly Seamless Web), its New York-based online takeout ordering service, to its owners. Brief statement here.

Aramark bought Seamless in 2005. Last year Aramark sold a $50 mlllion interest in the company to Spectrum Equity Investors in June 2011. Besides its online service, Seamless has collected a lot of data on customers, including the revelation that, alone among the 7 largest US metro areas, Philadelphians' favorite takeout order is pizza. (Item corrected)

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PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

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