Deal Details

Sagemount Makes Strategic Investment in Pandion

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Summary

About

Sagemount is a leading growth-focused private capital firm with $11 billion of cumulative capital raised. Currently investing out of a $3.7B Fund V, the firm provides flexible capital and strategic assistance to market-leading companies in high-growth sectors across a wide variety of transaction situations. Sagemount has invested in over 90 companies in a variety of sectors, including software, data & information services, financial technology & services, digital infrastructure, healthcare IT and business & consumer services. Sagemount has offices in New York and Palo Alto and is headquartered in New York, New York.

Pandion is a leading group purchasing organization that leverages billions in buying power to provide members with access to cost savings and spend management solutions. Throughout its 101-year history, Pandion has maintained a steadfast commitment to bringing organizations together and harnessing their collective power for the benefit of all. By partnering with the nation's best suppliers and maintaining a diverse contract portfolio, Pandion helps businesses optimize their direct and indirect procurement spend categories. With a growing national footprint fueled by strategic acquisitions and an expanding portfolio of contracts and services, Pandion continues to strengthen its ability to deliver greater value and purchasing power to members across the country. Pandion is headquartered in Fairport, New York.

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