Add-on Acquisition • E-Commerce

GrubMarket Acquires Boston Organics

On April 1, 2020, GrubMarket acquired e-commerce company Boston Organics

Acquisition Context
  • This is GrubMarket’s 3rd transaction in the E-Commerce sector.
  • This is GrubMarket’s 7th transaction in the United States.
  • This is GrubMarket’s 1st transaction in Massachusetts.

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M&A Deal Summary

Date April 1, 2020
Target Boston Organics
Sector E-Commerce
Buyer(s) GrubMarket
Deal Type Add-on Acquisition

Target Company

Boston Organics

Charlestown, Massachusetts, United States
Boston Organics is an online farm-to-table grocery delivery service. Boston Organics was founded in 2001 and is based in Charlestown, Massachusetts.
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Buyer Overview 1

Buyer

GrubMarket

San Francisco, California, United States

Category Company
Founded 2014
Sector E-Commerce
DESCRIPTION

GrubMarket is an online marketplace that connects consumers with local farms and food producer communities in the United States. GrubMarket was formed in 2014 and is based in San Francisco, California.


Deal Context for Buyer #
Overall 7 of 25
Sector: E-Commerce 3 of 6
Type: Add-on Acquisition 7 of 24
State: Massachusetts 1 of 1
Country: United States 7 of 24
Year: 2020 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-04 Doorganics

Grand Rapids, Michigan, United States

Doorganics is an online farm-to-table delivery service in Michigan, specializing in local & organic fruits, veggies, dairy, pastured proteins, artisan bread, and a variety of thoughtfully curated groceries. Doorganics was founded in 2011 and is based in Grand Rapids, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-11 Grand Food

Hayward, California, United States

Grand Food is a meat purveyor to restaurants, markets, Institutions, and foodservice operators in the San Francisco Bay Area. Grand Food has a state-of-the-art processing facility that customizes cuts and sizes of meat-based on customers' specifications. It also has a state-of-the-art warehouse automated and powered by GrubMarket's proprietary software technologies.

Buy -