Walter Capital Partners invests in omnichannel grocer SPUD.ca
Canadian private equity firm Walter Capital Partners has invested in Sustainable Produce Urban Delivery Inc (SPUD.ca), a Vancouver-based omnichannel grocery company. As part of the deal, the financial terms of which were not disclosed, several existing SPUD.ca institutional and individual investors made additional commitments. Founded in 1997, SPUD.ca's model is focused on the delivery of fresh, organic produce and groceries through an online platform. Led by CEO Peter van Stolk, the company will use its partnership with Walter to expand its omnichannel operations. SPUD.ca is also backed by Canadian impact venture capital firm Renewal Funds.
28 November 2017•3 mins read
