Food delivery player Takeaway.com plans to raise $195m in Euronext Amsterdam IPO

Takeaway.com app as seen on the company website

Takeaway.com, a food-delivery service active in continental Europe, plans to raise more than 175 million euros ($195 million) in an initial public offering in the coming weeks on Euronext Amsterdam.

“We intend to bring Takeaway.com to the next level,” Chief Executive Officer Jitse Groen, said in an e-mailed statement Tuesday. The company had first-half sales of 50.5 million euros and a loss of 11.5 million euros.

Takeaway, which started more than 15 years ago, raised 73 million euros in 2014 from Prime Ventures to acquire the German food delivery website Lieferando.de, according to the private equity firm’s website. Macquarie Capital also participated in that round. Prime Ventures invested 13 million euros in the company in 2012.

Merrill Lynch and Morgan Stanley are joint global coordinators and bookrunners for the IPO, while ABN Amro Group NV and UBS Group AG are also bookrunners.

Also read:

Euronext looks to snap up assets from any Deutsche Boerse-LSE fallout

Bloomberg

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.