Buyers Edge Platform expands its presence in Europe through acquisitions of The Full Range and Delta Procurement, leading UK Group Purchasing Organizations. These acquisitions align with Buyers Edge Platform’s strategy to create the largest Digital Procurement Network in Europe and revolutionize procurement practices.
- Strategic Vision and Investment:
– John Davie, CEO of Buyers Edge Platform, highlights the company’s mission to transform procurement practices and empower businesses across Europe.
– Recent $425 million Preferred Equity investment from General Atlantic, Blackstone, and Morgan Stanley underscores Buyers Edge Platform’s commitment to rapid expansion and innovation.
- Acquisition Details:
– The Full Range, founded by Barry Knight and Nicky Prentice, stands as one of the largest independent GPOs in the UK, catering to diverse sectors such as hotels, bars, restaurants, and golf clubs.
– Delta Procurement, led by Dave Anderson and Nick Ryan, focuses on delivering value across the foodservice chain with tailored solutions and exceptional customer service.
- Integration and Benefits:
– Daniel Wilson, President of Buyers Edge Platform Europe, expresses excitement about welcoming The Full Range and Delta Procurement to the Buyers Edge Platform Family.
– Integration of these acquisitions will leverage Buyers Edge Platform’s technology and buying power to enhance client purchasing efficiency and streamline procurement processes.
- Vision of Growth and Opportunity:
– Barry Knight of The Full Range and Dave Anderson of Delta Procurement share enthusiasm about joining Buyers Edge Platform, citing shared vision, values, and commitment to customer-centricity.
– The acquisitions represent new opportunities for clients to access cutting-edge technology, enhanced buying power, and streamlined procurement processes.
Buyers Edge Platform’s acquisitions of The Full Range and Delta Procurement mark a significant milestone in the company’s expansion into Europe, reinforcing its position as a key player in the international procurement landscape. By integrating these acquisitions, Buyers Edge Platform aims to offer unparalleled value and technology-driven solutions to foodservice businesses across Europe, driving innovation and efficiency in the industry.
