GrubHub.com Secures $2 Million in Series B Funding to Build the Largest Online Network of Delivery Restaurants and Improve Delivery Service

Chicago, IL (PRWEB) March 24, 2009

The Series B funding will enable the company to build the largest online network of restaurants that deliver, create new innovative products to enhance user experience and improve the quality of delivery service. GrubHub.com is currently operating in Chicago, IL., New York City, NY, San Francisco, CA, Boston, MA, and recently launched in Philadelphia, PA.

"Over the last year, GrubHub.com has successfully accelerated its sales growth in the top metro delivery markets." said Randy Rissman, Leo Capital managing partner. "This investment will allow GrubHub.com to continue to build the technology and business team required to expand its customer reach geographically and product wise."

Conditions Set to Improve in the UK Private Equity Industry

London, United Kingdom (PRWEB) October 31, 2011

Conditions in the UK Private Equity industry are forecast to improve over the next five years as debt markets improve, buyers return to the market and private equity firms exploit large cash balances and cheap valuations to add assets to their portfolios, according to latest report from IBISWorld, the UKs largest publisher of industry research. Industry revenue and profitability should grow moderately in line with this. Regulation poses a threat to the industry, with banking reforms and changes to takeover laws expected to increase borrowing costs and make it harder for private equity firms to engage in leveraged buyouts. IBISWorld forecasts industry revenue will increase at an average annualized rate of 4.0% over the next five years, reaching about