Private equity-backed online takeaway ordering service GrubHub Seamless has confidentially filed for an IPO.
GrubHub Seamless could be floated in the first half of this year and it is unknown how many shares it will offer and at what price, according to the Wall Street Journal.
The company was created in May last year via a merger of competitors Seamless and GrubHub. It is backed by Warburg Pincus, Thomas H Lee Partners, Spectrum Equity and CCMP.
Prior to the merger, GrubHub received funding from venture capital firms including Lightspeed Ventures, Mesirow Financial, Benchmark Capital, Greenspring Associates and DAG Ventures.
Last year the combined group generated sales of more than $100m.
Copyright © 2014 AltAssets