GrubHub Inc., the leading online and mobile food-ordering company, announced it has completed the acquisition of Restaurants on the Run. With the close of this acquisition, GrubHub is now executing delivery for nearly 3,000 restaurants across the country.

B. Riley & Co. served as the financial advisor to Restaurants on the Run for this transaction.

GrubHub is making the following adjustments to its previous outlook for the first quarter and full year of 2015, based on information available as of March 2, 2015, which includes the impact of the Restaurants on the Run acquisition:

First Quarter 2015

Full Year 2015

(in millions)

Expected revenue range

$84 - $86

$343 - $358

Expected Adjusted EBITDA range

$24 - $26

$101 - $109

GrubHub Inc. is the nation's leading online and mobile food ordering company dedicated to connecting hungry diners with local takeout restaurants. The company's online and mobile ordering platforms allow diners to order directly from approximately 30,000 takeout restaurants in more than 800 U.S. cities and London. Every order is supported by the company's 24/7 customer service teams.

Founded in 1993, Restaurants on the Run is the West Coast's largest restaurant food delivery service specializing in corporate catering and restaurant delivery. Restaurants on the Run delivers on time meals and a consistent customer experience for more than 1,700 restaurant locations across Los Angeles, San Francisco, Orange County, San Diego, Houston, Seattle, Las Vegas and Tulsa. Using smart delivery logistics, Restaurants on the Run is focused on perfecting the ordering and delivery experience.