Go to deals
Consumer & Retail | Food & Beverage | Logistics | Private Equity

Shookit has been acquired by Atara

November 2020 — Bond, a fast and accurate last-mile company, has sold Shookit, a fresh products provider, to Atara, run by members of the Atar family, third generation farmers.

Shookit is an online provider of fresh produce – vegetables, fruits, herbs, and other groceries to business and private customers. It uses a proprietary self-developed website and IT systems based on the company’s unique approach to quality control, freshness, price, waste and efficiently solves logistic challenges by using hyperlocal supply networks.

Atara specializes in growing fruit and vegetables in its agricultural areas, buying produce from various first-rate farmers and packaging houses and marketing them to their customers, ensuring quality and freshness. The company operates an advanced logistics center that includes a computerized order center that provides courteous and comprehensive service to the customer every day.

Bond has developed a platform that enables direct-to-consumer brands to deliver their products quickly and accept returns more easily. The firm’s platform helps digital-native brands to provide their online customers with an outstanding post-purchase and delivery experience for improved sales, retention and satisfaction. The company’s solution is based on a tech-driven network of neighborhood-level distribution centers managed by local teams.

Our role in the transaction

Oaklins’ team in Israel served as financial advisor to Bond in the sale process.

Parties

Talk to the deal team

Boaz Levi

Partner
Tel Aviv, Israel
Oaklins Rosario

Yuval Lipkin Shahak

Manager
Tel Aviv, Israel
Oaklins Rosario

Related deals

Rustins has been acquired by Remmers
Consumer & Retail

Rustins has been acquired by Remmers

Germany’s Remmers Gruppe SE has acquired UK coatings maker Rustins. The acquisition strengthens Remmers’ presence in the UK and expands its product portfolio and distribution channels. While Remmers has an established UK business focused on industrial flooring and wood coatings, Rustins brings complementary product ranges, established trade and distribution relationships and access to new customer groups in the DIY, painting and household retail sectors. Following completion, Rustins Group is wholly owned by Remmers, which has acquired all shares in Rustins Holdings Limited, including its operating company, Rustins Limited.

Learn more
Valuation advisory has been provided to a co-investor in VDK
Private Equity | Construction & Engineering Services

Valuation advisory has been provided to a co-investor in VDK

EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.

Learn more
Be-Cloud has been acquired by PSG Equity
Private Equity | TMT

Be-Cloud has been acquired by PSG Equity

Be-Cloud, backed by B&Capital since 2021, has been acquired by PSG Equity, a leading growth equity firm specializing in software and technology-enabled services. The transaction marks the full exit of B&Capital and the reinvestment of Be-Cloud’s founders, Lenny and Sébastien Vercruysse, alongside PSG Equity.

Learn more