Deliveroo Valued at £2.9 Billion as DoorDash Sets Acquisition Plan
Deal News | May 06, 2025 | Addleshaw Goddard
DoorDash, a San Francisco-based food delivery giant, has announced its intention to acquire Deliveroo PLC for approximately £2.9 billion. Deliveroo, founded in 2013 and publicly listed since 2021, operates a popular food delivery app across nine countries. J.P. Morgan is advising DoorDash on the acquisition, with law firm Addleshaw Goddard providing legal support. Simon Wood leads the Addleshaw Goddard team, supported by specialists in corporate finance, finance, and derivatives. The acquisition aims to bolster DoorDash's international market presence and leverage Deliveroo's established networks. The advisory role played by Addleshaw Goddard underscores their expertise in handling complex international transactions.
Sectors
- Food Delivery
- Corporate Finance
- Legal Services
Geography
- United Kingdom – Deliveroo is listed on the London Stock Exchange and operates within the UK market.
- United States – DoorDash is headquartered in San Francisco, USA, and J.P. Morgan is a major American financial firm involved in the transaction.
Industry
- Food Delivery – This industry is relevant as both DoorDash and Deliveroo operate in the food delivery service sector.
- Corporate Finance – J.P. Morgan and Addleshaw Goddard are involved in advising and financing the acquisition, highlighting the role of corporate finance in M&A activities.
- Legal Services – Addleshaw Goddard's involvement in advising on the legal aspects of the transaction necessitates inclusion in the legal services industry.
Financials
- £2.9 billion – The acquisition value for Deliveroo as proposed by DoorDash.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Deliveroo PLC | Target Company | Company | A British online food delivery company that offers restaurant meals to doorsteps, founded in 2013. |
| DoorDash, Inc. | Bidding Company | Company | A major US-based food delivery service provider seeking to expand its international presence through the acquisition of Deliveroo. |
| J.P. Morgan | Financial Advisor | Company | An American multinational investment bank advising DoorDash on its acquisition strategy for Deliveroo. |
| Addleshaw Goddard | Legal Advisor | Company | A global law firm providing legal counsel to J.P. Morgan with expertise in high-profile transactions. |