Procurement Advisors received a strategic investment from Bregal Sagemount.

Atlanta-based group purchasing organization Procurement Advisors,which specializes in the sourcing of maintenance, repair, and operating supplies and corrugated materials, received a strategic investment from Bregal Sagemount, a private equity firm. Financial terms were not disclosed. "We are very excited to bring in the Sagemount team as a strategic and financial partner," commented Suja Katarya, CEO and Managing Partner at PA. “We have a tremendously exciting future ahead of us as we grow our membership base, strengthen our technology and processes, and expand into new product categories to drive maximum value for our members. The investment from Sagemount will allow us to further accelerate our innovations in the MRO space.”