Pandion Receives Strategic Growth Investment from Bregal Sagemount

The company will use the funding to support its next stage of growth, strengthen member support, expand its purchasing network, and improve its services, with a primary focus on the non-acute healthcare market.

Pandion helps organizations simplify purchasing, secure better supplier agreements, and get more value from their procurement spending. The company serves more than 16,000 members operating across 60,000 locations nationwide and maintains a member retention rate of over 99%.

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Its members have access to a wide range of supplier contracts covering foodservice, healthcare, pharmacy, and other business services, helping them reduce costs and improve purchasing efficiency.

Pandion has completed four acquisitions over the past five years and increased its committed purchasing spend at a compound annual growth rate of 31.6%. With support from Bregal Sagemount, the company plans to expand its purchasing network, strengthen supplier partnerships, and pursue additional acquisitions to support its growing member base. The investment also includes a commitment of several hundred million dollars to fund future acquisitions and growth initiatives.

“Pandion has spent a century building trust with its members, and that discipline is exactly what we look for in a GPO business,” said Phil Yates, Partner at Sagemount. “Our prior partnership with Buyers Edge Platform, which grew revenue and profits by ~300% while integrating 21 acquisitions during our hold period, reinforced our conviction in the power of scaled, member-focused procurement platforms.

“This investment allows us to build on what has always set Pandion apart: our member-first approach to purchasing,” said Travis Heider, President and CEO of Pandion. “Sagemount understands the GPO landscape and shares our commitment to serving members with the scale, resources, and service orientation to meet their evolving needs. We are excited to partner with the Sagemount team as we continue strengthening our platform to best support members with a focus on the non-acute market.”

About Pandion Optimization Alliance

Founded in 1994, Pandion Optimization Alliance is a group purchasing organization that uses its large buying network to help members reduce costs and better manage their spending. The company has a long history of bringing organizations together to increase purchasing power and deliver greater value to its members.

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