Announced

Completed

GrubMarket completed the acquisition of Procurant.

Synopsis

GrubMarket, a company which operates an online marketplace, completed the acquisition of Procurant, a software-as-a-service platform that streamlines fresh procurement, order management and regulatory compliance for the fresh food supply chain. Financial terms were not disclosed. "Procurant's expansive network, powerful SaaS products and central trading platform help retailers and suppliers benefit from real-time collaboration, replace costly legacy tools, and gain meaningful insights into their business partnerships. Joining GrubMarket, one of the largest fresh food technology networks, is an exciting next chapter for us. With GrubMarket's impressive infrastructure and software and AI offerings, we will expand our reach and bring powerful, new efficiencies to customers across the fresh food supply chain," Eric Peters, Procurant Founder & CEO.

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MergerLinks - GrubMarket completed the acquisition of Procurant.