FRANKLIN, TENN.--(BUSINESS WIRE)--
OMNIA Partners announces that it has entered into a definitive agreement to purchase Communities Program Management, LLC (CPM), the organization that staffs and manages the operations of the U.S. Communities Government Purchasing Alliance (U.S. Communities).
The U.S. Communities program provides world class procurement resources and solutions to local and state government agencies, school districts (K-12), higher education, and nonprofits. Participants have access to a broad line of competitively solicited contracts with best in class national suppliers.
OMNIA Partners is a national group purchasing organization composed of three subsidiaries: National IPA, Prime Advantage, and Corporate United.
“As the procurement industry evolves, it is important to provide incremental value to all stakeholders,” says M. Todd Abner, President & CEO of OMNIA Partners. “In the public procurement sector, we have found these two companies to be highly complementary, which will become even more clear as we take a methodical approach to operate the organizations.”
“Our mission at U.S. Communities has always been to drive savings, efficiency and the highest value through cooperative purchasing,” said Kevin Juhring, President of CPM/U.S. Communities. “Our discussions with OMNIA Partners revealed the alignment of the two organizations in our mission of providing savings, efficiency and value to public agencies. We are very excited about what we will collectively be able to do to increase the benefit to public agencies.”
The acquisition is subject to customary closing conditions and is anticipated to close in the second quarter of 2018.
About OMNIA Partners
OMNIA Partners is a leading group purchasing organization (GPO) in procurement and supply chain management. Comprised of three subsidiaries: Corporate United, Prime Advantage and National IPA, OMNIA Partners serves over 35 industries in both the private and public sector. Through Corporate United, the GPO provides world-class indirect supply and service offerings for companies across the globe, including more than 20% of the Fortune 1000. Through Prime Advantage, the GPO offers access to elite direct materials vendors specializing in commodities, engineered components, raw materials, services and supplies. The GPO also covers sourcing needs across the public sector through National IPA, with fully transparent, value-driven pricing. OMNIA Partners leverages the economies of scale of its group with decades of procurement experience to execute mutually rewarding contracts in a multitude of verticals, while providing an extensive portfolio of sourcing solutions and partnerships for its members and suppliers.
About U.S. Communities
U.S. Communities is a leading national government purchasing cooperative, providing world class government procurement resources and solutions to local and state government agencies, school districts (K-12), higher education institutions, and nonprofit organizations. U.S. Communities was founded in 1996 as a partnership with our National Sponsors. Today, our National Sponsors include the Association of School Business Officials, the National Association of Counties, the National League of Cities, the United States Conference of Mayors, and the National Governors Association. U.S. Communities is the first cooperative purchasing program to earn the NIGP Accredited Cooperative (NAC) accreditation. More than 55,000 registered agencies, education institutions and nonprofits utilize U.S. Communities contracts to procure more than $2.7 billion in products and services annually.
Copyright Business Wire 2018