IRVING, Texas & BRENTWOOD, Tenn.--(EON: Enhanced Online News)--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.
“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”
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 diverse portfolio 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 areas of:
• 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.