Buyers Edge Platform Accelerates European Expansion with Two Strategic UK Acquisitions [Yahoo! Finance]
Morgan Stanley (MS)
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Source: Yahoo! Finance
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
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