202408 Apr

Buyers Edge Platform Announces $425M Preferred Equity Investment Led by Credit’s Atlantic Park Fund, Alongside Blackstone Tactical Opportunities and Morgan Stanley Tactical Value

Summary

We pursued a highly value-accretive M&A strategy by integrating 21 acquisitions, while driving strong organic growth.Matthew Bonanno, Managing Director at GA Credit, commented, Buyers Edge Platform is bringing digital innovation to a traditionally underserved market. The Company is deeply ingrained in the industry value chain, leveraging long-term relationships with manufacturers and distributors to deliver meaningful cost savings to restaurant operators, as well as data and technology to drive market-wide efficiencies. They have built an impressive platform to drive savings for their customers, and we look forward to supporting their continued expansion moving forward.John Davie and his immediate family will further increase their ownership to a significant majority and remain committed to running a high-growth, tech-focused company, while preserving its entrepreneurial spirit. We are immensely proud of the major milestones that Buyers Edge Platform has realized, including 25 years in business, more than 1,000 employees, and a partnership with a group of investors that deeply aligns with our vision and culture. The teams expertise, including deep structuring experience, is complemented by Morgan Stanleys extensive network and global capabilities to drive differentiated capital solutions for companies, founders, sponsors, and stakeholders.

Source: Generalatlantic

Funding

$425M
Amount
Apr 08 2024
Date
-
Investor
Buyers Edge Platform
Company

Classifications

Companies