|[October 14, 2013]
Provista Acquires National Intergovernmental Purchasing Alliance Company
IRVING, Texas & BRENTWOOD, Tenn. --(Business Wire)--
Provista and National Intergovernmental Purchasing Alliance Company
(National IPA) today announced the signing of a definitive agreement.
The agreement combines the best-in-class procurement process of National
IPA and Provista's value from approximately $43 billion in annual
purchasing volume. This combination will bring value and choice to
public agencies across the United States.
Under the terms of the agreement, current National IPA President and
CEO, Todd Abner, will lead as President, the Public Sector division
operating under the National IPA brand.
"We are excited to bring these two organizations together and combine
the respective talents, process, and size to accelerate the value to
both our participating agencies and our supplier partners. In a market
that has become disparate and highly competitive this agreement
solidifies us as the market leader and ensures maximum value to its
respective customers," said Todd Abner, president of National IPA.
The combined organization will use a diverseportfolio of products and
services from leading national suppliers to drive down costs in the
Public Sector market.
"The leadership team at National IPA brings significant growth
opportunities to our organization in the Public Sector market. This
acquisition demonstrates commitment to our existing education and
corporate customers by leveraging relationships across both
organizations," said Dan Thomas, president and CEO of Provista.
About National Intergovernmental Purchasing Alliance Company
National Intergovernmental Purchasing Alliance Company (National IPA) is
a cooperative purchasing organization established for public agencies
across the United States with the specific purpose of reducing
procurement costs by leveraging the volume of 20,000 customers in the
• State Government
• County Government
• City/Local Government
• Primary Education Systems
• Higher Education Systems
• And other agencies for Public Benefit
For more information on the cooperative, visit www.nationalipa.org.
Based in Irving, Texas, Provista is part of a family of companies that
includes VHA, Novation and Aptitude. Together they offer a variety of
advisory, solution, service and technology products designed to lower
costs and increase efficiency in healthcare, education, hospitality,
corporate and government markets. Provista is dedicated to strengthening
the financial and operational performance for more than 36,000 customers
nationwide by leveraging approximately $43 billion in annual purchases.
For more information on Provista visit Provistaco.com.
[ Back To Technology News's Homepage ]