M&A Deal Summary

Pandion Optimization Alliance Acquires GroupSource

On July 1, 2022, Pandion Optimization Alliance acquired business services company GroupSource

Acquisition Highlights
  • This is Pandion Optimization Alliance’s 1st transaction in the Business Services sector.
  • This is Pandion Optimization Alliance’s 2nd transaction in the United States.
  • This is Pandion Optimization Alliance’s 1st transaction in Kansas.

M&A Deal Summary

Date 2022-07-01
Target GroupSource
Sector Business Services
Buyer(s) Pandion Optimization Alliance
Deal Type Add-on Acquisition

Target

GroupSource

Overland Park, Kansas, United States
GroupSource purchasing organization (GPO) providing superior service across a broad spectrum of businesses and industries. The GroupSource solution has evolved to meet the needs of the ever-changing marketplace with dedicated service offerings for Medical, Long-Term Care, Private Clubs, Catering & Hospitality, Community Programs and Education & Daycare. GroupSource was formed in 1996 and is based in Overland Park, Kansas.

Search 214,503 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Pandion Optimization Alliance

Rochester, New York, United States

Category Company
Founded 1946
Sector Business Services
DESCRIPTION

Pandion Optimization Alliance is a Group Purchasing Organization (GPO) and Supply Chain Consulting Company that provide access to best-in-class contracts at the local, regional, and national levels for virtually every product or service from medical supplies to food and beverages, office and cleaning supplies, capital equipment, and more. Pandion Optimization Alliance was founded in 1946 and is based in Rochester, New York.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Kansas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-08 New Source

Atlanta, Georgia, United States

New Source helps healthcare providers deliver quality patient care. New Source has a 12,000+ membership base in the Southeast as well as around the country. New Source was founded in 2003 and is based in Atlanta, Georgia.

Buy -