Minneapolis-based mobile delivery service buys out 17 competitors
In an effort to consolidate the fragmented restaurant delivery segment, Bite Squad, an online and mobile food ordering and delivery service, has acquired 17 local smaller delivery companies.
Aloha2Go, Ashley's Food, Café Courier Ohio, Chef Shuttle, Delicious Deliveries, Doorstep Delivery, Foodie Call, FoodNow, Gainesville2Go, Goodybag, Grub Cab, Restaurants Express, Room Service in Paradise, Takeout Taxi Maryland, 2 Dollar Delivery, 256ToGo, and 864ToGo are now operating under the Bite Squad banner. They are seamlessly powered by Bite Squad's market-leading technology, operational systems, and a fleet of several thousand W2-employed delivery drivers, said Kian Salehi, CEO and co-founder of Bite Squad.
"By integrating our premier delivery experience to as many customers and geographies as we can, we continue to achieve rapid growth and efficiencies," Salehi said in the release. "Our platform was built to scale, enabling us to quickly integrate acquisition targets and leverage our operational excellence.
"We have already seen growth begin to take place in our new cities, and our technology continues to produce superior unit economics for food delivery."
Founded in the summer of 2012 in Minneapolis, Bite Squad has partnered with local restaurants across more than 30 metropolitan areas.