WALTHAM, Mass., Sept. 10, 2024 /PRNewswire/ -- Buyers Edge
Platform, the leading software and analytics company providing
data-driven insights and technology to the foodservice industry,
announces its acquisition of My Purchasing Partner in the
UK. This acquisition marks another significant step in Buyers Edge
Platform's rapid expansion across Europe, following the
acquisitions of The Full Range and Delta Procurement in the UK and
S&F-Gruppe in Germany earlier
this year and Svenska Krögare in Sweden last year.
These acquisitions align with Buyers Edge Platform's broader
strategy to create the largest Digital Procurement Network
in Europe, mirroring their success achieved in the US. Through
strategic acquisitions, new country partnerships, and organic
growth initiatives, Buyers Edge Platform is set to transform
procurement, offering exceptional value to foodservice businesses
across Europe.
John Davie, CEO of Buyers Edge
Platform, expressed his excitement about the acquisition, stating,
"We're seeking the best and most powerful GPOs in each country
in Europe and My Purchasing Partner enables us to grow
further in the UK, as we continue our mission to revolutionize
procurement practices and empower businesses across the
continent."
Ray Treacy, Founder of My
Purchasing Partner, expressed his enthusiasm about the acquisition,
saying, "From the very first conversation with Buyers Edge
Platform, it was clear we shared the same vision and values. We are
both people-focused businesses that always put the customer first.
Combining our UK market knowledge with Buyers Edge Platform's
technology and buying power will create the perfect environment to
help our customers to thrive. We are excited to have joined the
most powerful network in the foodservice industry and to share the
opportunities this brings."
Daniel Wilson, President of
Buyers Edge Platform Europe, added, "MPP is a fantastic addition to
the Buyers Edge Platform Family. Ray, Steve
Quinn, Terry Swift,
Sam Tippins, and the great team at
MPP have created one of the most successful GPOs in the UK. We look
forward to supporting their continued growth." Buyers Edge Platform
has now completed 5 European acquisitions since January 2023.
About My Purchasing Partner
MPP are the fastest
growing purchasing company in the UK. The company delivers a wide
range of services to the contract catering, healthcare, hospitality
and leisure markets including food and non-food procurement,
planning and consulting.
MPP caters to diverse sectors including schools and colleges,
senior care, hospitals, leisure centres, hotels and restaurants.
Their sterling reputation stems from a commitment to enhancing
client purchasing efficiency while fostering strong supplier
relationships.
About Buyers Edge Platform
Buyers Edge Platform is the
leading software and analytics company providing data-driven
insights and technology to the foodservice industry. We connect
entities throughout foodservice and empower them to run their
businesses more efficiently by leveraging data and analytics.
Buyers Edge Platform's mission is to drive the foodservice industry
from manual to automated with programs that benefit all
stakeholders across the supply chain. Visit
BuyersEdgePlatform.com to learn more.
Buyers Edge Platform recently announced
a $1.1B recapitalization with a consortium of leading
financial partners. Buyers Edge Platform intends to leverage the
new funds to support the execution of its continued growth
initiatives, including platform innovation, strategic M&A, and
European expansion.
Media contact:
Ryan Gerding for Buyers Edge
Platform
rgerding@inkincpr.com
913-602-8531
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