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New Deal


Announced

Completed

General Atlantic led a $425m investment in Buyers Edge Platform.

Financials

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Transaction Value£336m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

United States

Software

software development

Acquisition

Completed

Domestic

Private Equity

Friendly

Minority

Private

Synopsis

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General Atlantic, an American growth equity firm, led a $425m investment in Buyers Edge Platform, a data and software tools provider, with participation from Blackstone Tactical Opportunities and Morgan Stanley Tactical Value. “Buyers Edge Platform has always been focused on driving better economic outcomes for foodservice stakeholders through technology. Our new partnership with GA Credit, Blackstone, and Morgan Stanley Tactical Value will enable us to fund key strategic initiatives and provide us with access to these firms’ global platforms and operational resources. Their support will allow us to continue on our mission of delivering even greater efficiency, connectivity, and value to the foodservice ecosystem," John Davie, Buyers Edge Platform Founder and CEO.

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