Toronto-based online food delivery service Just-Eat Canada is following its April acquisition of Vancouver’s YummyWeb Inc. with the purchase of another rival Internet-based restaurant ordering venture: GrubCanada Inc.
Terms of both deals were not disclosed. GrubCanada offers online delivery from 58 Vancouver restaurants and other restaurants across Canada.
YummyWeb had partnerships with more than 200 Metro Vancouver restaurants to deliver meals to customers who ordered online and were willing to pay the equivalent of a delivery charge.
GrubCanada may be best known for appearing on the CBC reality show the Dragon’s Den where its founders, Howard Migdal and Ross Lipson, landed a commitment from venture capitalist Brett Wilson to buy 50% of the company for $200,000.
That sale, however, fell through.
Just Eat Canada is part of the Just-Eat Group, which was founded in Denmark in 2000 and is based in London, England. It’s active in 13 countries around the globe.
Private equity investors recently pumped US$48 million into Just-Eat, which did not disclose the terms of either of its recent Canadian acquisitions.
Glen Korstrom
@GlenKorstrom