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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SOURCE Buyers Edge Platform