shaping the future of cooperative purchasing
OMNIA Partners is a shared services organization composed of three subsidiaries: National IPA, Prime Advantage, and Corporate United. These OMNIA Partners are shaping the future of cooperative purchasing, both in government and the private sector, delivering unparalleled scale, experience, and expertise. Through further organic growth and strategic acquisitions, OMNIA Partners will continue to drive economies of scale to execute more contracts, in more verticals, with transparent, value-driven pricing.
Omnia Partners Subsidiaries
As North America’s leading public sector purchasing cooperative, National IPA offers strength in numbers and years of government purchasing experience. With the cooperative buying power of more than 150,000 entities, National IPA reduces product and administrative costs, while always ensuring maximum value with maximum transparency.
As the world's leading buying group in mid-market manufacturing, Prime Advantage is dedicated to helping manufacturers control costs and partner with proven world-class endorsed suppliers. Since 1997, Prime Advantage has delivered greater cost savings, stronger business relationships, and an environment where all partners can flourish together.
As the nation’s largest indirect group purchasing organization, many of the world's most innovative companies rely on Corporate United to manage their indirect spend across more than forty categories. Since 1997, Corporate United has expanded to a membership of nearly 350 companies spending $225 billion on indirect goods and services per year.
President & CEO Todd Abner and Chief Operating Officer Ward Brown formed Horizon Resource Group in 2001. Horizon Resource Group was a group purchasing organization dedicated to higher education. The success of Horizon Resource Group led to the formation of National Intergovernmental Purchasing Alliance (National IPA) in 2006, expanding the cooperative purchasing offering into other verticals, state and local government, as well as primary education business. Today, National IPA is the nation’s leading cooperative purchasing organization for both education and the public sector. More than 150,000 agencies and institutions currently participate in the National IPA cooperative through utilization of approximately 400 competitive contracts within the portfolio offering.
In 2013, National IPA merged with Provista, a subsidiary of Vizient, Inc., the nation’s largest member-owned health care services company with an estimated $100 billion in annual transaction volume. The merger resulted in an acceleration of National IPA’s growth.
In July 2015, National IPA, under the leadership of Abner and Brown, acquired The Cooperative Purchasing Network Management Company, LLC (TCPN), a national cooperative dedicated to primary education and public sector agencies. This acquisition yet again positioned National IPA in a leadership role for another industry, primary education.
In September 2016, with support from TA Associates in Boston, MA, Abner and Brown executed a management buyback of National IPA from Provista. TA Associates is one of the largest and most experienced global growth private equity firms. TA has raised $24 billion in capital and is investing out of current funds of $7.25 billion.
OMNIA Partners, formed by National IPA in 2017 to provide shared services and supply chain optimization to government, education and the private sector, acquired Prime Advantage in June 2017 and, in August 2017, entered into a definitive agreement to acquire Corporate United with an anticipated close in early September.