Pandion Optimization Alliance Completes Second Acquisition in Fiscal Year; Acquires GroupSource GPO

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Pandion Optimization Alliance, a rapidly growing player in the Group Purchasing Organization (GPO) space, is acquiring GroupSource GPO to further bolster their strategic position in the market.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Tuesday, July 12, 2022
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Tags: 
Other Retail, Professional Services, Small Business, Other Health, University, Health, Supply Chain Management, Retail, Education, Online Retail, Group purchasing organization, GPO, Acquisition, Ambulatory care, Food, Senior, Drink, Premier, Organization, CEO, Growth, University, Management, Pandion
Geotags: 
UNITED STATES, NORTH AMERICA, NEW YORK, KANSAS
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Organisation: 
PANDION OPTIMIZATION ALLIANCE COMPANIES
Summary
Key Points: 
  • Pandion Optimization Alliance, a rapidly growing player in the Group Purchasing Organization (GPO) space, is acquiring GroupSource GPO to further bolster their strategic position in the market.
  • The acquisition marks the completion of Pandions second successful purchase in the fiscal year.
  • Utilizing the vast resources of Pandion and Premier will make the transition and integration smooth and seamless to allow for immediate account growth.
  • Pandion is a certified sponsor of healthcare purchasing giant, Premier, Inc.
    Pandion Optimization Alliance is a Group Purchasing Organization (GPO) and Supply Chain Consulting Company.


Pandion Optimization Alliance, a rapidly growing player in the Group Purchasing Organization (GPO) space, is acquiring GroupSource GPO to further bolster their strategic position in the market. The acquisition marks the completion of Pandion’s second successful purchase in the fiscal year.

Located just outside of Kansas City, GroupSource brings with them a reputation of dedicated service to their 10,000+ membership base in the Midwest, as well as, around the country. GroupSource President & CEO, Jason Andrews, saw an opportunity to build a niche service based business model, specializing in ambulatory care centers, physicians’ offices and colleges and universities.

The GroupSource team brings with them decades of industry knowledge and experience that will allow them to hit the ground running from day one. Utilizing the vast resources of Pandion and Premier will make the transition and integration smooth and seamless to allow for immediate account growth.

““It has been well documented that one of our key initiatives at Pandion for 2022 and beyond is sustained growth,” said Travis Heider, President & CEO of Pandion. “The addition of GroupSource to the Pandion family of businesses is a strategic maneuver to inorganically add over $350 million in sales volume to our portfolio, allowing us to surpass our strategic goal of becoming a $1 billion GPO.”

The addition of GroupSource is not only a sales volume play, but also allows Pandion to offer their new members enhanced resources that they can come to expect as part of Pandion. Travis Heider states, “We are excited for our team to organically grow Pandion with the addition of GroupSource while introducing to their team and their customers the efficiencies, savings, and expanded contract opportunities that we have been offering our members for 90 years.”

“GroupSource’s focus on the ambulatory care and physician market made them an ideal partner/acquisition for Pandion,” Said John Coyle, Senior Vice President of Strategic Business Development. “Technological advancements and the increased demand for minimally invasive surgeries has created robust growth for this sector and we expect that strong growth to continue into the future.”

Pandion brings together thousands of organizations and facilities spanning all 50 states to leverage their group purchasing power for maximum cost savings, enhanced operational efficiencies, and shared knowledge and experience. Pandion is a certified sponsor of healthcare purchasing giant, Premier, Inc.

About Pandion Optimization Alliance Companies

Pandion Optimization Alliance is a Group Purchasing Organization (GPO) and Supply Chain Consulting Company. As a pioneer in the group purchasing and supply chain industries, our reputation is built on excellence dating back to 1946. Our vast experiences help us 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. As a progressive player Pandion has positioned itself as a resource for digital health contracts and in the fast-growing e-commerce marketplace.

For more information visit, www.pandionalliance.com

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