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Aramark is an American food service and facilities services provider to clients in areas including education, prisons, healthcare, business, and leisure. It operates in North America (United States and Canada) and an additional 14 countries, including the United Kingdom, Germany, Chile, Ireland, and Spain.
It was acquired by Aramark in April 2006. On June 8, 2011, Spectrum Equity Investors made a $50 million minority investment in Seamless and the company was spun out of Aramark into an independent entity. On June 28, 2011, SeamlessWeb notified their clients they had changed their name to Seamless.
Aramark (NYSE:ARMK) shares are trading higher after the company reported fourth-quarter results and raised quarterly dividend. Revenue grew 5% year-over-year (Organic revenue: +7%) to $4.42 ...
In April 2006, SeamlessWeb was acquired by Aramark and integrated into its Food, Hospitalities, and Facilities segment. [36] Jonathan Zabusky was named president of Seamless in 2009, and by June 2011, Seamless was re-privatized, as Boston-based Spectrum Equity Associates invested $50 million for a minority stake in the company from Aramark. The ...
Aramark's earnings per share increased 52.9% and revenue increased 6.4%, driven by growth in the food services segment. Food and support services saw sales increase 7% to $2.6 billion in North ...
Aramark (ARMK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Upon Aramark's transition to concessionaire in March 2016, the trademarked place names were replaced by alternative names. In July 2019, Delaware North reached a roughly $12 million settlement, under which the original place names would be restored, and Delaware North agreed to return the trademarks to the NPS upon the conclusion of Aramark's ...
Aramark Holdings went public on Thursday at $20 per share, and the stock jumped 13.5% in its first day of trading. This is the third time the company has gone public, with the first two IPOs ...