Prime Advantage
Chicago
About Prime Advantage
Prime Advantage is a buying group, delivering total cost reduction to members through group volume discounts and rebates, networking, education, benchmarking, and sharing best practices. Members of Prime Advantage benefit by reducing their overall costs, partnering with top performing suppliers, and reducing supply chain risk. Endorsed Suppliers of the company benefit by increased market share and decreased sales cycle time. Its main goal is to make mid-sized manufacturing companies more competitive from a cost standpoint. Prime Advantage is a Group Purchasing Organization for industrial manufacturing and food processing firms, dedicated to bringing its clients the best possible savings on raw materials, components, supplies, and services. By combining the purchasing power of mid-sized firms, it uses its group power to negotiate volume rebates and discounts with an exclusive group of Endorsed Suppliers. Prime Advantage was founded in 1997 by [Louise O'Sullivan](http://www.crunchbase.com/person/louise-o-sull...
Company Facts
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: $1K – $10K
- Total funding: $31.1M
- Funding stage: M&A
- Last round: Series C (Aug 2000)
- Website: primeadvantage.com
- Phone: +1 312-573-1111
Industries & Categories
Consulting, Industrial, Manufacturing
Social Profiles
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