Buyers Edge Platform acquires Parsly, expanding their technology offerings for European restaurants
Acquiring Company
Buyers Edge Platform
Acquired Company
Parsly
Waltham
StockholmFood and BeverageAgriculture and FarmingHospitalityAnalyticsInformation TechnologyArtificial IntelligenceDescription
The acquisition of Swedish company, Parsly, by Buyers Edge Platform marks their fifth acquisition in Europe in 2024. This move is part of Buyers Edge Platform's strategic expansion of technology offerings in Europe and will add new functionality to their tech offerings, empowering restaurant operators to maximize the return on their hard work.
Quick answer
Buyers Edge Platform is acquiring Parsly, announced October 8, 2024. Buyers Edge Platform is based in Waltham, Massachusetts, United States.
- How much did Buyers Edge Platform pay for Parsly?
- The deal value was not disclosed.
- What does Buyers Edge Platform do?
- Buyers Edge Platform is the foodservice procurement platform providing data-driven insights and technology to the foodservice industry.
- Where are Buyers Edge Platform and Parsly based?
- Buyers Edge Platform is based in Waltham, Massachusetts, United States. Parsly is based in Stockholm, Stockholm County, Sweden.
- Who are the decision-makers at Buyers Edge Platform?
- Fundz holds 4 contacts at Buyers Edge Platform. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Food and Beverage and Agriculture and Farming
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Buyers Edge Platform completes acquisition of My Purchasing Partner in the UK to expand Digital Procurement Network (September 10, 2024)
- Danone SA's bid to acquire Lifeway Foods (NASDAQ: LWAY) supported by Edward and Ludmila Smolyansky (November 7, 2024)
- Once Again acquires California-Based Big Tree Organic Farms to expand product offerings (October 1, 2024)
- The Hershey Company expands sweets portfolio with acquisition of Sour Strips (November 8, 2024)
- Wisdom Natural Brands acquires Canada's Drizzle Honey to expand natural sweetener portfolio (November 4, 2024)
- Corporación Multi Inversiones completes acquisition of Del Real Foods to expand its U.S. presence (October 31, 2024)
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When Buyers Edge Platform changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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- The decision-makers there, with verified emails
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Related People
Frequently asked
Who acquired Parsly?
Parsly was acquired by Buyers Edge Platform, based in Waltham. The deal was reported on October 8, 2024. Buyers Edge Platform is the foodservice procurement platform providing data-driven insights and technology to the foodservice industry. Buyers Edge Platform is privately held and operates in Food and Beverage.
When did Buyers Edge Platform acquire Parsly?
Buyers Edge Platform's acquisition of Parsly was reported on October 8, 2024. The acquisition of Swedish company, Parsly, by Buyers Edge Platform marks their fifth acquisition in Europe in 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Parsly do?
Parsly, founded in 2021, aims to help restaurants manage their procurement cost more effectively through AI-driven insights and automation. It is privately held, operating in Information Technology, and is based in Stockholm.
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