Foodee

Foodee in its acquisition by Sodexo

Client

Foodee

Value

-

Service

Emerging and High Growth Companies

Date Closed

July 2021

Industry

Food & Beverage

Lead Office

Vancouver

 

On July 12, 2021, it was announced that Vancouver-based leading corporate catering company Foodee was acquired by Sodexo, one of the largest food services and facilities management companies globally. This acquisition will support expansion of Foodee’s industry-leading food technology platform for businesses with flexible and changing workforces. Foodee’s platform features 800+ local restaurants in 14 cities across the U.S. and Canada and will expand to include offerings in New York City, Los Angeles, Dallas and Montreal within the next year. In addition to partnering with Sodexo-managed clients in Corporate Services, Foodee’s current and future restaurant partners can leverage Sodexo’s global subsidiary brand, entegra Procurement Services, for group purchasing.

Foodee partners with local owner-operated restaurants and delivery services in cities across North America to bring daily and weekly meals to offices. Foodee has served more than 10 million meals across North America and is backed by investors including Kensington Capital Partners, BDC Capital, Framework Venture Partners, BC Tech Fund, and Foundry Group.

Sodexo is a France-based, publicly-traded food service company with operations in 64 countries. Sodexo offers on-site services such as food, facilities management, and workplace and technical management services.

Osler, Hoskin & Harcourt LLP advised Foodee with a team consisting of Mark Longo, Jacques Du Plessis, Manveer Bisla, Sagar Memon (Emerging and High Growth Companies), Dov Begun, Jonathan Rhein, James Chang (Tax), Sergio Ortega Huerta (Litigation), Ian Morrison and Megan Young (Corporate).