Press Release: April 23, 2020
San Francisco-based private financial group engaged by Denmark-based market-disruptive online food delivery and takeout firm as lead placement agent for convertible note offering.
San Francisco, California, USA., April 21, 2020 - US Capital Global Securities LLC, an affiliate of US Capital Global, is offering to eligible investors a €2 million investment opportunity in Takeout Group. Founded in 2001, Takeout Group provides end-to-end ordering and dispatching white-label platforms and aggregation sites for thousands of participating restaurants across Europe. Takeout Group’s mission is to help grow individual restaurant brands by offering lower cost delivery services and providing client information back to those restaurants.
With offices in San Francisco and London, US Capital Global is a full-service private financial group with an established track record in providing corporate finance and asset management. All securities are offered by the group through its registered broker-dealer affiliate, US Capital Global Securities LLC.
Thomas Cort Hansen, CEO and co-founder of Takeout Group, said: “We are exceedingly pleased to be continuing our partnership with US Capital Global. After US Capital Global’s excellent demonstration of speed and professionalism in providing the first tranche of our funding, we feel especially confident moving forward. US Capital Global’s assistance with this multi-million Euro convertible note capitalization will support our continued 90% year-on-year growth in number of orders handled by our platform and our ongoing international expansion through the launch of significant partnerships in the UK, Ireland, and Spain.”
“It’s an honor to be serving Takeout Group as its lead placement agent on this €2 million convertible note offering,” said Charles Towle, CEO at US Capital Global Securities. “We are especially pleased to support a socially positive impact enterprise like Takeout Group, which has an ethos of building community and supporting small businesses by reducing costs. Having successfully closed the first tranche of this multi-million Euro convertible note for the company, which was funded by our affiliate, US Capital Global Business Credit Income Fund, the opportunity to participate in this $2 million investment in Takeout Group is now open to eligible investors.”
About Takeout Group
Founded in 2001 and based in Denmark, Takeout Group provides a range of innovative SaaS technologies for individual restaurants, multi-store chains, and franchises to market and sell their products online under their own brand name, as well as manage their logistics. Allowing restaurants to manage their own brands helps them grow. Takeout Group currently operates in eight international marketplaces, processing orders worth more than €15 million annually. The company has been recognized by Børsens Gazelle for its exceptional growth and is the winner of several mobile app awards. www.takeoutgroup.com
About US Capital Global
US Capital Global Securities LLC is the FINRA-registered broker-dealer division of US Capital Global that acts as placement agent for growth-stage companies, projects, and investment funds. Since 1998, the US Capital Global team has been committed to providing small and lower middle market businesses and investors with sophisticated debt, equity, and investment opportunities usually available only to larger middle market companies and institutional investors, using the latest FinTech and RegTech innovation. US Capital Global manages direct investment funds and provides wealth management and capital raise services.
To learn more about US Capital Global Securities or this investment opportunity, email Charles Towle, CEO, at [email protected] or call +1 415-889-1010