Treya Partners to provide cross portfolio procurement value creation for HCI Equity Partners
San Francisco, CA, November 6, 2020 - HCI Equity Partners has selected Treya Partners as their preferred service provider for procurement value creation. HCI Equity Partners is a lower middle market private equity firm focused on partnering with family and founder owned manufacturing, service and distribution companies. HCI is partnering with Treya Partners to implement Treya’s Managed Portfolio Procurement (MPP) program to drive cost reduction through strategic sourcing, monitoring of savings & compliance, managing volume leveraged vendor contracts, and moderating procurement best practices roundtables.
Established in 2006, Treya Partners is one of North America’s leading procurement consulting firms for private equity. Treya Partners has worked with over 45 private equity firms on various procurement value creation initiatives including due diligence support, cross portfolio GPO and direct contract management, and pre-exit spend optimization. Treya’s MPP program was launched in 2019 in response to their private equity firm client’s requests for a holistic managed program. MPP program is a 5-prong approach to procurement value creation - Spend Analytics/Spend Cube, GPO contract implementation, PE-level direct contract implementation, CFO/CPO roundtables, and strategic sourcing.
Shaun Chambers, Treya’s Managing Director, stated, “Treya Partners is extremely excited to be selected as HCI Equity Partners preferred service provider. HCI and their portfolio companies have done excellent work in many spend categories. We look forward to putting additional resources into existing efforts and to launching initiatives in new categories to increase efficiencies and improve EBITDA.”
Dave Venker, HCI Equity Vice President of Portfolio Operations, commented, “Treya Partners provides horsepower and expertise to ensure we are maximizing value in all key spend categories and has created a program that is sustainable and scalable to support current and future portfolio company requirements.”
About Treya Partners
Treya Partners is a management consulting firm specializing in procurement value creation, strategic sourcing, and spend management advisory services for Private Equity. Treya was established in 2006 by a seasoned group of supply management professionals and has served hundreds of PE-owed companies across a broad range of industry sectors including manufacturing, distribution, retail, financial services, life sciences, healthcare, and technology. Treya delivers meaningful EBITDA improvements from indirect (SG&A) and CoGS categories in addition to implementing transformative procurement projects. For further information, visit Treya Partners online at https://www.treyapartners.com.
About HCI Equity Partners
HCI Equity Partners is a lower middle market private equity firm focused on partnering with family and founder owned manufacturing, service and distribution companies. HCI builds solid partnerships with company owners and management teams to develop and execute growth strategies. For more information, visit HCI Equity Partners at www.hciequity.com.
Treya Partners to provide cross portfolio procurement value creation for Private Equity client
San Francisco, CA, December 15, 2019 - Treya Partners continues to expand their service offering for Private Equity clients with the release of the Managed Portfolio Procurement (MPP) program. MPP is a comprehensive, cross-portfolio approach to procurement value creation that is sustainable and flexible. The program drives EBITDA improvements regardless of addressable spend or portfolio company industry.
The inspiration behind MPP was based on direct feedback from Treya’s private equity clients on their challenges with creating, managing and maintaining an effective procurement program. The main challenges were created by an ever-changing portfolio with exits and new acquisitions, limited internal operating resources and/or inconsistent resources, poor cross portfolio spend data, and determining the proper model to fund procurement work.
Treya’s response to these challenges is a 5-prong, fully managed approach to procurement value creation under a vendor funded model.
Treya’s unique MPP program takes a holistic, managed service approach to procurement to produce sustainable best in class vendor contracts through managed Group Purchasing Organizations (GPO) and the development and management of Private Equity volume leveraged vendor agreements. MPP also includes overall program management of all contracts, portfolio company onboarding and the creation and oversight a CFO/CPO forum for the sharing of best practices & thought leadership.
At the front and backend of MPP is Treya’s spend analytics. Treya has included full spend analytics as part of MPP for portfolio wide spend cube, category tracking and reporting, cost reduction identification, and due diligence support.
The highlight of MPP for Private Equity clients is the majority of the program is vendor funded taking out the challenge of funding which historically has been a program non-starter. With the exception of the Portfolio Specific Initiatives, the entire program is fully funded by vendors. Treya’s objective is to come alongside their PE clients as a long-term partner and made the strategic decision to reinvestment the majority of vendor admin fees for various programs back into the Private Equity client.
Treya is forecasting a strong year of onboarding new clients onto the MPP program and anticipates a 5-15% EBITDA improvement for the participating portfolio companies. Rahul Ahuja, a Treya Partner and Founder, stated, “MPP is unique in it’s combination of the multiple levers for procurement value creation as well as the removal of the barrier to entry. We have listened to our client’s challenges and now we are excited to present the Treya solution.” Ahuja added, “This is only the beginning of a program that we will continuously improve as it matures and as we gather feedback from our valued clients”.
About Treya Partners
Treya Partners is a management consulting firm specializing in procurement value creation, strategic sourcing, and spend management advisory services for Private Equity. Treya was established in 2006 by a seasoned group of supply management professionals and has served hundreds of PE-owed companies across a broad range of industry sectors including manufacturing, distribution, retail, financial services, life sciences, healthcare, and technology. Treya delivers meaningful EBITDA improvements from indirect (SG&A) and CoGS categories in addition to implementing transformative procurement projects. For further information, visit Treya Partners online at https://www.treyapartners.com or download overview:
San Francisco, CA - Treya Partners, a leading procurement value creation firm for Private Equity, announced today an exclusive agreement with UPS (NYSE: UPS) to become UPS’ Group Purchasing Organization (GPO) partner serving Private Equity firms and their portfolio companies.
This strategic partnership combines Treya Partners’ procurement expertise and relationships in Private Equity with UPS’ world class transportation solutions. Under the Treya GPO, Private Equity firms will be able to offer their portfolio companies highly competitive, leveraged small parcel pricing with the global leader in logistics. Additional benefits will include comprehensive analytics and active category management by Treya, coupled with access to UPS’ broad range of solutions, including freight and advanced technology, to increase efficiency and profitability.
“We are excited to partner with UPS,” said Rahul Ahuja, Co-Founder of Treya Partners. “With transportation playing an increasingly vital role for many of our clients, the opportunity to partner with UPS and a UPS Private Equity team that understands the objectives of a PE firm as well as the operational requirements of its portfolio companies will result in success for all parties involved,” added Rahul. “The Treya program enables our PE clients to realize benefits with UPS unavailable until now.”
Learn more about the Treya and UPS partnership, please click on the link below to view the program overview.
Treya Small Parcel Program Overview
About Treya Partners
Treya Partners (www.treyapartners.com) is a leading procurement value creation firm specializing in aiding Private Equity firms in unlocking procurement value within their portfolios. Founded in 2006, Treya's management team is comprised of a seasoned group of supply management professionals. Treya has served over fifty Private Equity firms and several hundred Private Equity portfolio companies across a broad range of industry sectors, including manufacturing, distribution, retail, financial services, life sciences, healthcare, and technology. Our approach and solutions have delivered impressive EBITDA improvements for our clients.