Gordons advises My Purchasing Partner on acquisition by US-based Buyers Edge Platform
Tuesday 17th September 2024
Gordons has advised one of UK’s fastest growing purchasing firms on its acquisition by a US group as part of its European expansion drive.
My Purchasing Partner (MPP), which is based in Wakefield, Lytham and Bedford, delivers services to the contract catering, healthcare, hospitality and leisure markets including food and non-food procurement, planning and consulting.
New owner, software and analytics platform Buyers Edge Platform, said the acquisition marks “another significant step” in its “rapid expansion” across Europe, following acquisitions in the UK, Germany and Sweden last year.
Gordons partner and head of corporate, James Fawcett, supported by corporate solicitor Matt Watson, corporate trainee solicitor Daniel Callaghan and senior employment lawyer Mike Patterson, advised MPP on the deal.
John Davie, chief executive of Buyers Edge Platform, said: “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 revolutionise procurement practices and empower businesses across the continent.”
Ray Treacy, founder of My Purchasing Partner, added: “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.”
Daniel Wilson, president of Buyers Edge Platform Europe, said that Ray, Steve Quinn, Terry Swift, Sam Tippins, and the team at MPP “have created one of the most successful GPOs in the UK”.
