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ARAMARK to Spin-Off Seamless to Shareholders

ARAMARK said Monday that it will spin-off its interest in Seamless to ARAMARK shareholders. In 2011, ARAMARK sold a minority stake in Seamless, an online and mobile food ordering service, to Spectrum Equity.

PRESS RELEASE

ARAMARK, a world leader in providing food, facilities and uniform services, has announced the spin-off of its interest in Seamless to ARAMARK shareholders.
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“Our enterprise strategy is to focus on continuing to grow our core ARAMARK businesses. Having independent ownership structures for each company will better position both to capitalize on our growth opportunities going forward,” said Eric Foss, ARAMARK CEO and President.
ARAMARK acquired Seamless, the leading mobile and online service for ordering delivery and takeout food, in 2006. In 2011, Spectrum Equity Investors acquired a minority stake in Seamless from ARAMARK.
About ARAMARK
ARAMARK is a leader in professional services, providing award-winning food services, facilities management, and uniform and career apparel to health care institutions, universities and school districts, stadiums and arenas, and businesses around the world. The company is among FORTUNE magazine’s “World’s Most Admired Companies,” and is recognized as one of America’s Largest Private Companies by both FORTUNE and Forbes magazines. ARAMARK seeks to responsibly address issues that matter to its clients, customers, employees and communities by focusing on employee advocacy, environmental stewardship, health and wellness, and community involvement. Headquartered in Philadelphia, ARAMARK has approximately 250,000 employees serving clients in 22 countries. Learn more at the company’s website, www.aramark.com, or follow us on Facebook and @ARAMARK on Twitter.

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