FRANKLIN, Tenn., Jan. 21, 2020 /PRNewswire/ -- OMNIA Partners
announces that it finalized the purchase of InsightGPO, LLC, the
group purchasing program offered through Insight Sourcing Group on
December 31, 2019.
Prior to the transaction, InsightGPO was one of five divisions
of Insight Sourcing Group and provides its clients with highly
targeted offerings for office supplies, auto rental, MRO and office
equipment.
"The purchase of InsightGPO is a highly strategic fit with OMNIA
Partners, Private Sector and provides its customers the opportunity
to benefit from the large scale of the OMNIA Partners enterprise,"
says M. Todd Abner, President and
CEO of OMNIA Partners. "This acquisition further solidifies OMNIA
Partners position as the leader in the private sector GPO
marketplace."
OMNIA Partners, Private Sector is a national group purchasing
organization serving enterprise corporations, business and
manufacturing.
"Insight Sourcing Group is focused on driving value for our
clients through procurement related cost optimization," says
Tom Beaty, CEO, Insight Sourcing
Group. "In order to take the benefits of a GPO strategy to the next
level, we looked to the market and OMNIA Partners stood out as the
definitive leader in the GPO space. OMNIA Partners is the GPO best
positioned to strengthen the programs offered to our membership. We
believe this transaction will bring tremendous value to our clients
in the form of greater leverage and a much broader portfolio of
categories."
About OMNIA Partners
Shaping the future of procurement through power,
access and trust. OMNIA Partners is the
largest and most experienced purchasing organization for public and
private sector procurement. Our immense purchasing power and
industry-leading suppliers have produced an extensive portfolio of
procurement solutions and partnerships, making OMNIA Partners the
most valued and trusted resource for organizations nationwide. To
learn more about OMNIA Partners, visit
www.omniapartners.com.
About Insight Sourcing Group
Insight Sourcing Group is the leading boutique consulting firm
in North America focused
exclusively on strategic sourcing and procurement-related services.
Founded in 2002, the firm works with senior executives and
procurement leaders to accelerate savings through strategic
sourcing and procurement transformation consulting services, energy
cost management, on-going category analytics, and spend visibility
through its SaaS solution SpendHQ. Insight Sourcing Group has
worked with hundreds of corporate clients of all sizes and over 50
Private Equity firms.
To learn more, visit www.insightsourcing.com.
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SOURCE OMNIA Partners