Patrons Edge Platform, a digital procurement platform with over $20 billion in complete foodservice spend, has acquired ArrowStream, a supplier of provide chain administration software-as-a-service.
“We’re obsessive about bringing knowledge intelligence to foodservice prospects and companions to make their jobs simpler and extra profitable,” John Davie, Patrons Edge Platform CEO, stated in an organization press launch. “Including ArrowStream’s main SaaS options expands our end-to-end product providing and enhances our visibility into our mixed community.”
ArrowStream’s software program, which addresses challenges in model safety, provide monitoring, profitability optimization and gross sales progress throughout the foodservice provide chain, connects over 1,200 distributor places, 10,000 suppliers and 275 manufacturers throughout 105,000 restaurant places on a single platform for collaboration. Customers embody Shake Shack, QSCC, Qdoba Mexican Eats, Espresso & Bagel Manufacturers, Subway, Focus Manufacturers and Worldwide Dairy Queen, stated Raleigh McClayton, outgoing CEO of ArrowStream.
“ArrowStream has invested closely in its individuals, merchandise, and expertise since Tailwind Capital acquired the enterprise in December 2020,” McClayton stated within the launch. “These progress initiatives have enhanced our cloud-based platform by offering real-time visibility and intelligence into the provision chain, which permits our prospects to proactively make choices to handle their companies. Patrons Edge clearly acknowledged the worth of the platform investments, the chance to additional associate with our purchasers round innovation, and the expertise of our group.”
Jeff Dorr, president of ArrowStream and who will lead ArrowStream Software program as a Patrons Edge platform firm, stated aligning with Patrons Edge will enable his group to ship most worth to prospects all through the foodservice provide chain.
“The sturdy mixture of ArrowStream’s foodservice cloud and Patrons Edge’s knowledge intelligence platform is completely positioned to handle the rising wants of operators, multi-location manufacturers, distributors, and producers,” he stated within the launch.
