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Buyers Edge Has Made a Strategic Investment in Netherlands-Based Company HosCat

Buyers Edge Invests in HosCat, Expanding into Dutch & Belgium Markets

We’re excited to announce that Buyers Edge Platform has made a strategic investment in HosCat, a Netherlands-based company, marking its entry into the Dutch and Belgium markets. This investment is part of our continued expansion in Europe, following several acquisitions across the continent, including in the UK, Germany, and Sweden. HosCat’s expertise in hospitality and back-office solutions will combine with Buyers Edge Platform cutting-edge technology and procurement power, creating a valuable partnership that will offer significant savings and efficiency improvements for foodservice businesses in the region. This move aligns with the broader Buyers Edge Platform strategy of building the largest Digital Procurement Network in Europe, providing unparalleled value and support for foodservice operators across multiple countries. With shared values focused on customer success, both Buyers Edge Platform and HosCat are set to transform the procurement landscape in the Dutch and Belgium markets. Read the full press release here!

Buyers Edge Platform Has Made A Strategic Investment in Netherlands-Based Company HosCat

Buyers Edge Invests in HosCat, Expanding into Dutch & Belgium Markets

WALTHAM, Mass., Oct. 3, 2024 /PRNewswire/ — Buyers Edge Platform, the leading software and analytics company providing data-driven insights and technology to the foodservice industry, announces its investment into HosCat in the Netherlands. This marks another significant step in Buyers Edge Platform’s rapid expansion across Europe, following the acquisitions of The Full Range, Delta Procurement and MPP in the UK and S&F-Gruppe in Germany earlier this year and Svenska Krögare in Sweden last year. This investment aligns 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 and investments, 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 investment, stating, “HosCat enables Buyers Edge to enter the Dutch and Belgium markets. We have an excellent partner to support our expansion into these

Buyers Edge Platform Appoints Sean Lee as Chief Financial Officer

Experienced Industry Executive to Lead the Company through Domestic and International Growth WALTHAM, Mass., Oct. 1, 2024 /PRNewswire/ — Buyers Edge Platform (the “Company”), a leader in digital procurement solutions for the foodservice industry, announced the appointment of Executive Vice President, Sean Lee, as the Company’s Chief Financial Officer. Sean will report to John Davie, Founder and Chief Executive Officer of Buyers Edge. Having joined Buyers Edge in 2023, Sean has brought over 15 years of investment banking experience at J.P. Morgan with a deep expertise in the foodservice and technology verticals. At J.P. Morgan, Sean advised industry-leading clients – such as Brinker, CAVA, Instacart, Jetro, Peloton, Starbucks, sweetgreen – on M&As, financings and IPOs. Since joining Buyers Edge, Sean has demonstrated exceptional leadership and delivered remarkable results. He played a pivotal role in completing a significant preferred equity investment from a consortium led by General Atlantic Credit’s Atlantic Park fund, alongside funds managed

Buyers Edge Platform acquires My Purchasing Partner in the UK

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

Highlights from the 2024 Buyers Edge Platform Summit

Each year, the Buyers Edge Platform Summit unites industry leaders including operators, suppliers, and key foodservice stakeholders. This multi-day event is more than just a gathering—it’s an immersive experience designed for meaningful connections, collaborative discussions. It also offers an in-depth exploration of the latest Buyers Edge Platform innovations. With a spotlight on cutting-edge solutions and industry advancements, the summit serves as a vital forum for exchanging insights and tackling current challenges. It also serves as a forum for unveiling transformative strategies. Here’s a look at the standout moments that made this year’s summit truly exceptional. Recognizing Excellence: Honoring Our Award Winners We had an absolute blast at the Summit this year, especially when it came time to give out awards to our amazing partners and clients! It was fantastic to celebrate and thank them for their incredible efforts and innovative approaches that truly set them apart. These partners stand out

Buyers Edge Platform Expands European Footprint with Acquisition of German Foodservice Leader S&F-Gruppe

WALTHAM, Mass., Aug. 22, 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 S&F-Gruppe in Germany. 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 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 both acquisitions, stating, “We’re seeking the best and most powerful GPOs in each country in Europe and S&F enables us to enter Germany, which is the largest market in Europe, as we continue

Buyers Edge Platform Completes a $1.1 Billion Recapitalization to Accelerate the Next Phase of Growth

Successfully Closes Oversubscribed $560M Term Loan B and $130M Revolving Credit Facility WALTHAM, Mass., May 16, 2024 /PRNewswire/ — Buyers Edge Platform (the “Company”), a leader in digital procurement solutions for the foodservice industry, today announced it has completed a $1.1B recapitalization to support its continued growth through the successful closing of a $560M Term Loan B maturing in 2031 and a $130M revolving credit facility maturing in 2031 (“new credit facilities”). The new credit facilities build on the Company’s $425M preferred equity investment secured from a consortium led by General Atlantic Credit’s Atlantic Park Fund, alongside funds managed by Blackstone Tactical Opportunities and investment funds managed by Morgan Stanley Tactical Value, announced in April 2024. Buyers Edge’s Term Loan B transaction represented the tightest pricing for any debut deal by technology companies since November 2021 and financing was well oversubscribed due to strong demand. The proceeds from the Term Loan B will be used to refinance the existing Term Loan A and provide liquidity to

Buyers Edge Platform Accelerates European Expansion with Two Strategic UK Acquisitions

WALTHAM, Mass., April 18, 2024 /PRNewswire/ — Buyers Edge Platform, the leading software and analytics company providing data-driven insights and technology to the foodservice industry, announces its acquisitions of The Full Range and Delta Procurement, two prominent UK Group Purchasing Organizations (GPOs). These acquisitions mark a significant step in Buyers Edge Platform’s rapid expansion across Europe, solidifying its position as a key player in the international procurement landscape. This announcement comes on the heels of Buyers Edge Platform recently securing a $425 million Preferred Equity investment from three prominent investors: General Atlantic, Blackstone, and Morgan Stanley. 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 both acquisitions, stating, “We’re

Buyers Edge Platform Strengthens Digital Purchasing Network with Acquisition of Food & Supply Source

WALTHAM, Mass., March 21, 2024 /PRNewswire/ — Buyers Edge Platform, a leader in digital procurement solutions, is thrilled to announce the successful acquisition of Food & Supply Source, a prominent provider specializing in supplying essential goods to a diverse range of facilities, including drug and alcohol treatment centers, halfway houses, group homes and residential programs, childcare centers, and more. This strategic move marks a significant expansion for Buyers Edge Platform, strengthening its presence in critical segments vital for community support and well-being. The acquisition brings together the expertise of both companies, creating a powerhouse that is poised to revolutionize digital purchasing in the industry. With this acquisition, Buyers Edge Platform can now leverage over $100 billion in Network Transactions and utilize technology and expertise to broaden the offerings available to Food & Supply Source’s thousands of Human Service Sector Members. Operating from coast to coast, Food & Supply Source will maintain its high touch service approach,

Buyers Edge Platform Acquires ArrowStream, a Leading SaaS Provider

Adds the fastest growing foodservice supply chain management software provider with a $35 billion network to drive further efficiency, collaboration, and transparency. WALTHAM, Mass., Aug. 3, 2022 /PRNewswire/ – Buyers Edge Platform (“Buyers Edge”), a leading digital procurement platform with more than $20 billion in total foodservice spend under management, today announced the acquisition of ArrowStream, a leading provider of supply chain management Software-as-a-Service (“SaaS”) to the foodservice industry. Emerging from what has been one of the most challenging periods in foodservice history, distributors, suppliers, and operators are facing inflation, commodity shortages, climate change concerns, shifting consumer demand, and production delays. This backdrop has increased the need for data-driven technology solutions that can ease the pain, lower food costs, and improve margins. ArrowStream’s powerful software enables clients to proactively capitalize on data to improve their supply chain operations. ArrowStream’s software addresses mission-critical challenges in brand protection, supply monitoring, profitability optimization, and sales growth enablement across the foodservice

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