GrubMarket has strategically acquired Sally Produce to enhance its product offerings and regional distribution capabilities in the specialty Asian produce market.

Target Information

GrubMarket is a rapidly growing company that specializes in providing efficient food supply chain solutions across the U.S. and Canada. Founded in 2014, it has recently surpassed $2 billion in revenue in 2024. The company has adopted innovative strategies, integrating advanced technologies to optimize the distribution and management of food products.

As part of its growth strategy, GrubMarket has launched AI-powered features on its WholesaleWare ERP platform, enhancing its capabilities in managing variable-weight products. This advancement addresses industry challenges in tracking and managing inventory accurately, especially for perishable goods.

Industry Overview

The venture capital landscape in Canada has shown promising growth despite a backdrop of global challenges. In 2024, global venture capital faced difficulties due to high interest rates and geopolitical tensions. However, a significant r