Buyers Edge Acquires Arrowsteam | pizza market
Buyers Edge Platform, a digital procurement platform with over $20 billion in total foodservice spend, has acquired ArrowStream, a provider of supply chain management software as a service.
“We are obsessed with bringing data intelligence to restaurant customers and partners to make their jobs easier and more efficient,” said John Davie, CEO of Buyers Edge Platform, in a press release. ‘company. “The addition of ArrowStream’s leading SaaS solutions broadens our end-to-end product offering and improves our visibility across our combined network.”
ArrowStream’s software that solves the challenges of brand protection, supply monitoring, maximizing profitability and growing sales throughout the restaurant supply chain , connects more than 1,200 distribution sites, 10,000 suppliers and 275 brands in 105,000 restaurants on a single collaboration platform. Users include Shake Shack, QSCC, Qdoba Mexican Eats, Coffee & Bagel Brands, Subway, Focus Brands and International Dairy Queen, said Raleigh McClayton, outgoing CEO of ArrowStream.
“ArrowStream has invested heavily in its people, products and technology since Tailwind Capital acquired the business in December 2020,” McClayton said in the statement. “These growth initiatives have enhanced our cloud-based platform by providing real-time supply chain visibility and insights, enabling our customers to proactively make decisions to manage their businesses. Buyers Edge clearly recognized the value of investing in the platform, the opportunity to further partner with our customers around the innovation and talent of our team.”
Jeff Dorr, president of ArrowStream and who will lead ArrowStream Software as the Buyers Edge platform company, said alignment with Buyers Edge will enable his team to deliver maximum value to customers across the chain. catering supply.
“The strong combination of ArrowStream’s restoration cloud and Buyers Edge’s data intelligence platform is perfectly positioned to meet the growing needs of operators, multi-site brands, retailers and manufacturers,” said he said in the statement.