GrubMarket Acquires Frantoni and Granite State Software; Mike Xu Comments
SAN FRANCISCO, CA - GrubMarket is bolstering its footprint in the Eastern and Midwest regions of the United States. The wholesaler completed its latest acquisition, purchasing not one, but two enterprise software providers in the food industry: Frantoni Corporation and Granite State Software (GSS).
"Both Frantoni and GSS have strong reputations in the software development space for fresh food supply chain players," said Mike Xu, Chief Executive Officer of GrubMarket. "Both companies have a customer-first philosophy that matches our own here at GrubMarket. They've been in business for decades, have proven track records of high customer satisfaction, and offer strong synergies with our flagship product, WholesaleWare. We're excited to bring Glenn and Frank's considerable expertise to GrubMarket, to help us continue building a best-in-class software and e-commerce experience for our software customers. This acquisition enables us to further strengthen our ability to accelerate digital transformation in this traditional food supply chain space."
According to a press release, both companies are led by software veterans with decades of industry experience in the fresh produce space. GSS is managed by software engineer Glenn Sherman, who took over ownership of the company in 2014. Frantoni is run by original Owner Frank Gemeinhardt, a tech sales executive and software engineer. GSS and Frantoni each offer specialized produce ERP software systems while seamlessly integrating with Orders IO. Each company has loyal and dedicated customers who have grown with the companies for decades.
After the acquisition, GSS and Frantoni will continue to be managed by Sherman and Gemeinhardt, and GSS and Frantoni customers will have the opportunity to add on additional modules offered by GrubMarket. These software offerings will be additions to GrubMarket's e-commerce and software product family, which already includes the innovative and proprietary WholesaleWare software suite as well as Orders IO.
To read the press release in full, please click here.
Stay tuned for more from this fast-growing wholesaler.
