Grubhub, the takeout marketplace, closed a $185 million revolving credit facility. Citibank served as administrative agent for the transaction.

The credit facility will be available to the company until April 28, 2021 and provides for a commitment of $185 million and the ability to increase the line under certain conditions up to $215 million.

Citibank and BMO Capital Markets were co-lead arranges and bookrunners.

“We had a strong start to 2016, generating a record $713 million in gross food sales during the quarter, even with significant headwinds from weather,” said Matt Maloney, Grubhub CEO. “Revenue grew 27%, driven by the continued expansion of quality restaurants through Grubhub delivery, improvements in our technology platform and the roll out of our updated Grubhub branding.”

The company has entered into an agreement to acquire LAbite. In 2015, LAbite diners ordered almost $80 million in gross food sales, with most of the volume coming from the greater Los Angeles area.

“We are excited by the acquisition of LAbite as it adds to the tremendous strides we’ve made in expanding the breadth and depth of our delivery network and boosts our presence in an important market,” noted Maloney. “With more than 5,000 restaurants now using Grubhub delivery and our total network comprised of more than 44,000 restaurants, we are making great progress towards fulfilling our goal of being the most comprehensive marketplace for takeout diners and restaurants.”

Grubhub is an online and mobile food-ordering company working with more than 44,000 restaurant partners in over 1,000 U.S. cities and London.