Supplyframe acquires Buymanager - expands in Europe

The acquisition of Buymanager aims to accelerate Supplyframe’s supply chain software position and significantly expand opportunities in the European market. “Buymanager is a premier European brand in the sourcing and product cost management space. The addition of Buymanager will enhance our position by enabling customers the flexibility of both on-premise and cloud solutions” saidsaysSteve Flagg, CEO at Supplyframe, in a press release. Loïc Biarez, founder and CEO of Pertilience, sought to both accelerate growth and expand their offering to other markets. As a result, the brand has been seeking out potential industrial partners. "When I met Steve Flagg, the CEO of Supplyframe, I felt we shared the same values and drive for entrepreneurship. The complementarity of our offerings, a shared strategic vision and the desire to work together made it obvious to me that by combining forces we would create a lot of value for the electronics supply chain” Loïc Biarez, explains in the release. Pertilience – now a fully-owned subsidiary of Supplyframe Inc – is continuing to develop its Buymanager offering, with the leadership of Loïc Biarez.