FRANKLIN, TN – April 16, 2018 – OMNIA Partners announces that it has entered into a definitive agreement to purchase Communities Program Management, LLC (CPM), the organization that staffs and manages the operations of the U.S. Communities Government Purchasing Alliance (U.S. Communities).
The U.S. Communities program provides world-class procurement resources and solutions to local and state government agencies, school districts (K-12), higher education, and nonprofits. Participants have access to a broad line of competitively solicited contracts with best in class national suppliers.
OMNIA Partners is a national group purchasing organization composed of three subsidiaries: National IPA, Prime Advantage, and Corporate United.
“As the procurement industry evolves, it is important to provide incremental value to all stakeholders,” says M. Todd Abner, President & CEO of OMNIA Partners. “In the public procurement sector, we have found these two companies to be highly complementary, which will become even more clear as we take a methodical approach to operate the organizations.”
“Our mission at U.S. Communities has always been to drive savings, efficiency and the highest value through cooperative purchasing,” said Kevin Juhring, President of CPM/U.S. Communities. “Our discussions with OMNIA Partners revealed the alignment of the two organizations in our mission of providing savings, efficiency and value to public agencies. We are very excited about what we will collectively be able to do to increase the benefit to public agencies.”
The acquisition is subject to customary closing conditions and is anticipated to close in the second quarter of 2018.