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Avetta, a supply chain risk management software solution, announced on Thursday the acquisition of Australia-based Pegasus, a worker competency management software and service system.
Pegasus’ products are used by more than 100 clients to manage 3.5 million workers employed by 70,000 suppliers. In a press release announcing the deal, Avetta said the acquisition will accelerate its global growth strategy while creating one provider of supply chain risk management that manages nearly 170,000 suppliers and 4 million workers.
“Pegasus and Avetta both share a vision to ensure workforces are competent and safe, and risk is being managed, globally,” Adam Boyle, Pegasus’ CEO, said in the press release. “Our worker-competency expertise complements Avetta’s world-class supply chain risk management product, and will benefit our people, clients and contractors as they access an even greater international network in a single provider.”
Procurant signs Merchants Distributors LLC
Procurant, a cloud-based software company transforming the global food supply chain, today announced the signing of Merchants Distributors LLC (MDI), a North Carolina-based grocery retail distribution division of Alex Lee, Inc. MDI and their network of perishable goods suppliers will use the Procurant One technology platform for purchasing and order management across their network.
“The team here at Procurant is laser focused on bringing a modern digital procurement platform for perishables to retailers like MDI and their network of suppliers. We are thrilled to be working with such a respected brand, and we look forward to helping them realize the benefits that a truly new technology platform can bring to the perishables category,” said Eric Peters, CEO, Procurant.
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