DoorDash Acquires Wolt

EQT Growth and EQT Ventures Invest in Wolt as Part of $530M Capital Raise

January 25, 2021

Restaurants & Hospitality

EQT Growth has made its first investment by participating in Wolt Enterprises Oy's $530 million capital raise, joining existing investor EQT Ventures. The capital injection will support Wolt's continued international expansion into new geographies and verticals; Wolt is a Helsinki-based food delivery platform operating across 23 countries.

Bolt Acquires Danish Ride-hailing Company Viggo

March 24, 2025

Transportation

Tallinn-based shared mobility platform Bolt has acquired Copenhagen-based electric ride-hailing operator Viggo for an undisclosed sum. The deal marks Bolt's first-ever acquisition and expands its ride-hailing operations into Denmark while adding Viggo's fully electric fleet and local driver network.

Capital A Invests in Door To Door

September 8, 2022

Logistics & Distribution

Capital A, a Netherlands-based private equity investor, has invested in Door To Door, a Dutch specialist in white-glove and last-mile logistics serving life sciences, healthcare and high-tech customers. The partnership will support Door To Door's buy-and-build growth strategy and further professionalize the business to accelerate expansion.

Upside Growth Partners Acquires BOLT System

May 31, 2022

Trucking & Fleet

Nashville-based private investment firm Upside Growth Partners has acquired BOLT System, a Nashville-based cloud‑based SaaS transportation management system serving the trucking and logistics industry. Oaklyn Consulting advised BOLT's founders on strategic alternatives and initiated the transaction to provide founder liquidity and succession.

DoorDash Acquires Caviar From Square for $410 Million

August 1, 2019

Food & Beverage

DoorDash has acquired premium food delivery app Caviar from Square in a deal valued at $410 million in cash and stock. The acquisition brings Caviar’s curated restaurant partners and delivery capabilities onto DoorDash’s platform to expand its merchant selection and strengthen its position in the competitive food-delivery market.

Wonder Acquires Grubhub from Just Eat Takeaway.com

November 13, 2024

Restaurants & Hospitality

Wonder, the delivery-first food hall and mealtime platform founded by Marc Lore, will acquire Grubhub from Just Eat Takeaway.com for an enterprise value of $650 million (including $500 million of senior notes and $150 million cash). The acquisition will integrate Grubhub’s large marketplace and logistics network into Wonder’s app to accelerate Wonder’s ‘super app for mealtime’ strategy; the deal is expected to close in Q1 2025 and Jefferies served as Wonder’s financial advisor.