San Francisco-based GrubMarket acquires online grocery service SPUD

Vancouver-based Sustainable Produce Urban Delivery ( SPUD ) has been acquired by its San Francisco-based competitor, GrubMarket, for an undisclosed amount. The news: GrubMarket announced on Tuesday that it has purchased fellow online grocery service SPUD from its private equity backer, Third Eye Capital. SPUD’s brick-and-mortar retail banners, Blush Lane Organic Market and Be Fresh Market, are not part of the deal and will continue on their own under Third Eye-backed ownership.