Supplyframe acquires Buymanager to expand European presence.
Supplyframe has finalized the acquisition of Buymanager, to form the world’s leading Sourcing Intelligence suite for the electronics manufacturing industry.
Pasadena, California and Grenoble, France – January 31, 2019 – Supplyframe announced today a definitive agreement to acquire Buymanager, a sourcing and product cost management software for the electronics manufacturing industry. The acquisition of Buymanager will accelerate Supplyframe’s supply chain software leadership position and significantly expand opportunities in the European market.
“Buymanager is a premier European brand in the sourcing and product cost management space. The addition of Buymanager will enhance our position by enabling customers the flexibility of both on-premise and cloud solutions,” said Steve Flagg, CEO at Supplyframe.
Loïc Biarez, founder and CEO of Pertilience, sought to both accelerate growth and expand their offering to other markets. As a result, the brand has been seeking out potential industrial partners:
“When I met Steve Flagg, the CEO of Supplyframe, I felt we shared the same values and drive for entrepreneurship. The complementarity of our offerings, a shared strategic vision and the desire to work together made it obvious to me that by combining forces we would create a lot of value for the electronics supply chain,” said Loïc Biarez.
Pertilience, now a fully-owned subsidiary of Supplyframe Inc, is continuing to develop its Buymanager offering, with the leadership of Loïc Biarez. This acquisition provides Supplyframe customers with an on-premise software solution to complement their core cloud-based offerings.
Buymanager is a supply chain tool dedicated to sourcing professionals involved in Product Cost Management and Supplier Relationship Management. Our customers include leading EMS providers and OEMs. We help users streamline manual tasks and data manipulation allowing them to concentrate their efforts on value-add activities.
Official website: https://buymanager.biz
Supplyframe provides open and connected access to the world’s largest collection of vertical search engines, supply chain tools, and online communities specifically dedicated to the electronics manufacturing industry. The company develops and maintains industry-leading software applications such as Findchips Pro, Polydyne, Quotefx and Bom2buy.
Official website: www.supplyframe.com/sourcing
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