Tailwind Capital (Tailwind) has completed the sale of ArrowStream (ArrowStream) to Buyers Edge Platform (Buyers Edge). Terms of the transaction have not been disclosed.
ArrowStream is a specialist in supply chain management visibility for the foodservice industry, enabling clients to capitalise on data to improve their supply chain operations. ArrowStream’s software addresses mission-critical challenges in brand protection, supply monitoring, profitability optimisation, and sales growth enablement across the foodservice supply chain, leveraging a single, industry-wide data platform to provide unprecedented levels of transparency, control, and actionable insights.
ArrowStream’s market-leading supply chain technology connects over 1,200 distributor locations, 10,000 suppliers and 275 leading clients across 105,000 restaurant locations on a single platform for collaboration, and includes well-known companies such as Shake Shack, QSCC, QDOBA Mexican Eats, Coffee & Bagel Brands, SUBWAY, FOCUS Brands, and International Dairy Queen.
As part of the transaction, Jeff Dorr, President of Arrowstream, will take over day-to-day operations of the business, and Raleigh McClayton will continue working with Tailwind as an executive focused on tech-enabled services businesses.
Lincoln International served as financial advisor to ArrowStream and Davis Polk & Wardwell LLP served as legal advisor.