M&A Deal Summary

Buyers Edge Platform Acquires Arrowstream

On August 3, 2022, Buyers Edge Platform acquired information technology company Arrowstream from Tailwind

Acquisition Highlights
  • This is Buyers Edge Platform’s 1st transaction in the Information Technology sector.
  • This is Buyers Edge Platform’s 2nd transaction in the United States.
  • This is Buyers Edge Platform’s 1st transaction in Illinois.

M&A Deal Summary

Date 2022-08-03
Target Arrowstream
Sector Information Technology
Buyer(s) Buyers Edge Platform
Sellers(s) Tailwind
Deal Type Add-on Acquisition
Advisor(s) Lincoln International (Financial)
Davis Polk & Wardwell (Legal)

Target

Arrowstream

Chicago, Illinois, United States
website
ArrowStream is an operator, developer of supply chain solutions that address both inbound logistics and supply chain management, optimizing powerful data to provide unprecedented levels of transparency, control, and actionable insight. Arrowstream was founded in 2000 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Buyers Edge Platform

Waltham, Massachusetts, United States

website


Category Company
Founded 2018
Sector Information Technology
DESCRIPTION

Buyers Edge Platform is a provider of procurement software, group purchasing, and data analytics to the food service industry. Buyers Edge Platform was founded in 2018 and is based in Waltham, Massachusetts.


DEAL STATS #
Overall 2 of 7
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 7
State (Illinois) 1 of 1
Country (United States) 2 of 4
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-12 Proairus

Overland Park, Kansas, United States

Proairus is a provider of professional in-house accounting services staff with innovative technology to deliver scalable, streamlined, and cost-effective solutions. Prairies specializes in restaurants, franchisors, and small business entrepreneurs (SBE). Proairus is based in Overland Park, Kansas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-08 RASI

Littleton, Colorado, United States

RASI is a accounting, payroll and finance software for the foodservice industry. RASI is modernizing the back-office as the leading virtual end-to-end outsourced Accounting, Payroll, and Finance platform in the hospitality market. RASI is based in Littleton, Colorado.

Buy -

Seller(S) 1

SELLER

Tailwind

New York, New York, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 2003
PE ASSETS 3.7B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Tailwind is an independent private equity firm focused on making control investments in companies operating in the healthcare, media/communications, and business services sectors. Tailwind looks to invest $25 to $200 million in profitable businesses valued above $500 million. The Firm seeks companies with proven business models and strong opportunities for growth, either organically or through acquisition. Tailwind Capital was formed in 2003 and is based in New York, New York.


DEAL STATS #
Overall 28 of 32
Sector (Information Technology) 5 of 5
Type (Add-on Acquisition) 10 of 11
State (Illinois) 2 of 2
Country (United States) 28 of 32
Year (2022) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-17 Axis

Chandler, Arizona, United States

Axis is a service-driven, industry-proven, climate control company. Solely focused on the rental and sales of portable air conditioning and heating equipment, the company is focused on our customers, live and breathe service, and are striving to build the industry’s fastest-growing and most respected climate control organization. Axis was formed in 2019 and is based in Chandler, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-16 Stratix

Norcross, Georgia, United States

Stratix is a provider of outsourced Managed Mobile Service (MMS) solutions for many of the largest global brands within the retail, manufacturing, transportation and field service industries. Stratix has evolved from a data capture consulting services company to one of the largest national MMS providers with a comprehensive mobile service portfolio. The company leverages deep industry expertise, expansive service offerings and mobile specialization to provide consulting, deployment, software, 24x7 support and asset management services for the enterprise mobile workforce. Stratix was founded in 1983 and is based in Norcross, Georgia.

Sell -