M&A Deal Summary

LBMX Acquires Buying Group Services

On January 1, 2022, LBMX acquired marketing company Buying Group Services

Acquisition Highlights
  • This is LBMX’s 1st transaction in the Marketing sector.
  • This is LBMX’s 1st transaction in Canada.
  • This is LBMX’s 1st transaction in Ontario.

M&A Deal Summary
Date 2022-01-01
Target Buying Group Services
Sector Marketing
Buyer(s) LBMX
Deal Type Add-on Acquisition

Target

Buying Group Services

London, Ontario, Canada
Buying Group Services is a national provider of marketing and procurement solutions. The Company aggregates demand across a network of customers, leveraging their combined purchasing power to secure better pricing and terms from vendors. In addition to group purchasing and advocacy, the Company also provides vendor sales force extension, education and training, marketing support and automated transaction management. Buying Group Services is based in London, Ontario.

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Buyer(S) 1

Buyer

LBMX

London, Ontario, Canada
Category Company
Sector Information Technology
DESCRIPTION

LBMX is a technology platform designed specifically for buying groups and purchasing cooperatives that connects your members to frictionless rebate and purchasing analytics, digital marketplaces, product information management (PIM), central and direct bill management, and complete EDI services – all in one place. LBMX is based in London, Ontario.

DEAL STATS #
Overall 1 of 1
Sector (Marketing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1
Mergr

Product

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