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Mesirow Financial Advises Procurant LLC on Its Successful Sale to GrubMarket, Inc.

On November 21, 2025, Mesirow, a prominent independent financial services firm, proudly announced its role as the exclusive financial advisor to Procurant LLC in the sale to GrubMarket, Inc. This milestone not only signifies a pivotal change for Procurant but also underscores Mesirow's continued excellence in the technology services sector.

The Vision of Procurant

Founded in 2019, Procurant has established itself as a leader in the perishables supply chain by offering a comprehensive cloud-native Software as a Service (SaaS) platform. The platform is embedded with advanced artificial intelligence (AI) and predictive intelligence, specifically designed for suppliers, growers, retail grocers, and foodservice operators. It facilitates real-time collaboration, operational efficiencies, and higher visibility across the food supply chain, thus enhancing food safety processes.

Procurant's innovations provide its clients with best-in-class technology solutions that address the fundamental challenges in the perishables food sector. By improving operational efficiencies, Procurant helps clients save costs while simultaneously modernizing their supply chain management practices.

A Strategic Acquisition

The acquisition of Procurant by GrubMarket represents a strategic partnership between two visionary companies dedicated to overhauling the perishables supply chain. Eric Peters, President and CEO of Procurant, stated, "Joining forces with GrubMarket marks a pivotal moment for Procurant." Peters emphasized that the expertise and guidance from Mesirow were crucial to making this partnership happen.

Shane McDaniel, Managing Director at Mesirow Investment Banking, expressed pride in assisting in the acquisition, claiming, "This partnership strengthens Procurant's ability to broaden its strategic reach across the industry while enhancing GrubMarket's enterprise AI and SaaS procurement and food safety solutions." This new alignment allows both companies to leverage their strengths to better serve the growing needs of the perishables market.

Mesirow's Impact in Financial Services

Mesirow's successful track record is highlighted by a series of over 350 transactions across various verticals, demonstrating its deep industry expertise and long-standing relationships. This sale contributes to the firm’s illustrious history of helping companies innovate and grow in an ever-changing market landscape.

Founded in 1937, Mesirow has become a trusted partner for businesses seeking to navigate the complex financial landscape. Its commitment to tailoring solutions to meet the specific needs of its clients reinforces its status as a leading player in the financial advisory field. With a focus on social responsibility and workplace excellence, Mesirow has garnered recognition as one of the Best Places to Work in Chicago, as well as securing a spot on Barron's Top 100 RIA firms list.

The Future of the Perishables Supply Chain

Procurant’s cloud-based platform ensures real-time collaboration between buyers and suppliers while maintaining food safety and transparency throughout the supply chain. Following this acquisition, GrubMarket, recognized as a disruptor in the food supply chain industry, aims to further cement its position as a leading digital transformer in both the American and global markets.

As one of the largest private food eCommerce companies globally, GrubMarket operates across all 50 U.S. states and continues to expand internationally, with a presence in countries including Argentina, Canada, and South Africa. The synergies created by this acquisition promise to bring enhanced efficiencies and innovations to the perishable food sector, ultimately benefiting consumers and industry stakeholders alike.

Conclusion

The sale of Procurant to GrubMarket marks an exciting new chapter not only for these two companies but also for the perishables supply chain industry as a whole. As they combine efforts to drive modern technology solutions forward, the collaboration represents a significant step toward a more efficient and safe food supply chain. Under Mesirow's guidance, this transaction exemplifies the successful fusion of technology and opportunity, paving the way for future innovations in the sector.