IRVING, Texas & BRENTWOOD, Tenn. & HOUSTON--(BUSINESS WIRE)--Provista subsidiary National Intergovernmental Purchasing Alliance Company (National IPA) today announced that they have acquired TCPN Management Group, a leading cooperative management company which works with Region 4 Education Service Center (ESC) as its primary lead agency. The agreement combines TCPN Management Group’s extensive contract portfolio knowledge with National IPA and Provista’s approximately $55 billion in annual purchasing volume through the combined spend of the National IPA and Novation contract portfolios. This acquisition will bring value and choice to public agencies across the United States.
“We are excited about the partnership with National IPA and Provista. TCPN Management Group has always focused on providing a superior experience and market leading value to our members. Partnering with National IPA and Provista, we hope to continue to build upon this history by providing an unparalleled procurement solution for the Public Sector,” said Andy Pechacek, CEO of TCPN Management Group.
The partnership will provide access to a diverse portfolio of products and services from leading national suppliers to drive down costs in the Public Sector market.
“We look forward to growing our supplier relationships to provide an even more robust contract portfolio to education institutions and government entities. Our collective sales and marketing efforts will have a profound impact on the market,” said Todd Abner, president of National IPA.
“The acquisition of the TCPN Management Group provides significant growth opportunities for our organizations in the Public Sector market. This partnership demonstrates commitment to our collective education and public sector customers by leveraging relationships across all of the 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 64,000 customers in the areas of state, county, city and local government, primary and higher education systems and other agencies for Public Benefit.
For more information on the cooperative, visit www.nationalipa.org.
With 20 years of experience, Provista is a proven leader in the supply chain industry. Their extensive product coverage leverages $56 billion in purchasing power allowing them to connect 150,000 customers to the best pricing on the products and services they use most. But their offers go beyond contracts. Provista provides tailored procurement solutions for customers including Data & Analytics, Contract Implementation Services, Savings Programs, Management Tools and Business Reports & Reviews. Provista began serving the health care industry for Hospitals, Surgery Centers, Extended, Diagnostic & Preventative Care centers, however have expanded to other industries including education, small business, Fortune 1000, and government. Provista is owned by VHA-UHC Alliance NewCo, Inc. For more information on Provista visit Provistaco.com.