Interpath Advisory, the independent financial advisory firm, has advised restaurant quality meal-kit delivery service Dishpatch on its acquisition by Waitrose.
Founded in 2020, Dishpatch collaborates with some of the UK’s leading chefs, including Michel Roux Jr, Angela Hartnett, Rick Stein and Sabrina Ghayour, and enables customers to choose from over 40 menus with food and wine delivered nationally on Friday to have for an indulgent weekend meal.
The transaction with Waitrose will support the growth of Dishpatch under the continued leadership of Dishpatch CEO Peter Butler. Interpath was the lead sell-side adviser on the deal and the team was led by Sam Birchall and supported by Andy Simpson and Ed Morgan.
Sam Birchall, Head of Special Situations M&A at Interpath Advisory, said: “Dishpatch has carved out a unique position in the meal-kit delivery market and its proposition chimes well with the brand, focus and ambitions of Waitrose. With consumers increasingly looking for innovative and engaging concepts, the team at Dishpatch have a great platform to further drive the expansion of the business with the support of the Waitrose team.”
Peter Butler, Founder and CEO of Dishpatch, said: “Since launching in 2020, our mission at Dishpatch has always been to bring the most exciting, high-quality restaurant food into more people's lives. We're thrilled to be partnering with Waitrose whose reputation has been built on the quality of their food. With such aligned values, we're excited to bring our meal kits to a wider audience and exploring new opportunities beyond that."
