GrubMarket Completes Acquisition of WaudWare; Mike Xu and F. Charles Waud Comment
SAN FRANCISCO, CA - If you frequent the ANUK home page, today’s news is probably of no surprise to you. GrubMarket has been on a continuous acquisition streak, and the wholesaler is once again making a move to fortify its standing in the fresh produce space. This time, the wholesaler has acquired award-winning and long-standing enterprise software-as-a-service (SaaS) provider WaudWare.
“WaudWare is a pioneer and leader in the software development space for the Canadian fresh produce industry. They’ve been in business for over three decades, and have a proven track record, with a broad customer base, high customer satisfaction, and glowing reviews,” said Mike Xu, Chief Executive Officer of GrubMarket. “As GrubMarket is already a leading software provider for the American food supply chain industry, this acquisition signals our effort to respect and preserve the diversity and unique landscape of the software ecosystem for the Canadian food supply chain industry. This acquisition also enables us to further strengthen our e-commerce and software development capabilities for our software customers and helps us solidify our position in the North American food supply chain industry as a technology enabler. We’re thrilled to welcome the WaudWare team to the GrubMarket family.”
The Ontario, Canada-based solutions provider specializes in building software solutions for businesses operating in the North American fresh produce industry.
According to a press release, the company’s flagship product is its web-based Produce Inventory Control System (PICS). It is a supply chain management software that helps customers navigate the complexities of produce traceability, growing, production, buying, selling, inventory tracking, accounting, reporting, security, process control, and more.
“We are excited to join the GrubMarket team and welcome the opportunity to add our several decades of advanced supply chain and produce software development experience to GrubMarket’s broader e-commerce and software technology platform,” said F. Charles Waud, President of WaudWare. “Our customers have relied upon WaudWare to provide excellence in software development and post-implementation service. We are thrilled to learn that GrubMarket has built out such a well-integrated software solution to enable a streamlined e-commerce solution for the food supply chain industry.”
As a result of the acquisition, WaudWare’s software development offerings will add to the breadth of GrubMarket’s e-commerce and software product family, which already includes the innovative and proprietary WholesaleWare software suite.
To read more about the wholesaler’s latest acquisition, click here, and keep clicking on AndNowUKnow for the latest industry updates.