#USA #West Palm Beach #STAT #Cambridge Capital #Moresby Group

Cambridge Capital Unites STAT with The Moresby Group

In a significant move in the investment landscape, Cambridge Capital has officially combined two of its portfolio companies, STAT and The Moresby Group, into one extensive financial operations platform targeted at enhancing the efficiency and financial performance of large enterprises. This merger aims to optimize revenue recovery and procurement processes, bringing about significant cash flow improvements through cutting-edge technology and established industry expertise.

The Rationale Behind the Merger

Cambridge Capital, renowned for its strategic investments in the supply chain sector, recognized a unique opportunity to amplify the capabilities of both STAT—a revenue recovery platform that leverages technology to assist large retail suppliers—and The Moresby Group, a specialist in procurement optimization for Fortune 1000 companies. By merging these two entities, they aim to deliver comprehensive solutions that directly impact financial performance, marrying procurement efficiency with enhanced revenue recovery.

Together, the newly formed entity addresses key areas: accounts receivable and procurement spend management. Market leaders in their respective fields, STAT has built its reputation with a sophisticated platform that harnesses proprietary technology and automation to achieve impressive recovery rates. Conversely, The Moresby Group has established itself as a trusted partner for Fortune 1000 companies, focusing on cost savings through effective supplier negotiations and optimization.

Benefits of the Combined Entity

The consolidation of STAT and The Moresby Group enhances their market presence, providing customers with a more expansive suite of services designed to tackle common financial challenges faced by larger enterprises. This collaboration not only magnifies their operational strengths but also creates new opportunities for technological investment, thereby improving the financial health of their clients.

Benjamin Gordon, Founder and Managing Partner of Cambridge said, "STAT and Moresby are a perfect match strategically. Both businesses cater to large, complex companies with essential solutions that drive immediate financial results. This merger lays the foundation for a formidable platform that can significantly optimize cash flow for our clients."

CEO of STAT, David Fisch, conveyed excitement over the merger, stating, “The integration of Moresby enhances our long-term vision immensely. Their expertise in procurement, combined with our recovery technology, can yield exceptional results for CFOs and finance leaders across our client base.”

Exceptional Market Potential

Both leaders acknowledge the substantial potential the merger unlocks. The Moresby Group's solid track record of supplier negotiations spells a lucrative expansion for STAT's already fortified platform. Statistics reveal that Moresby has completed tens of thousands of negotiations globally, generating billions in negotiated savings for their clientele—a value proposition that can now extend to STAT’s customer network.

Adding to this optimism, leaders from both firms noted that the merger promises unique client opportunities and relationships. Moresby’s CEO, Mitch Cohen, mentioned the synergy they expect to achieve through access to Cambridge and STAT’s extensive customer base, emphasizing the added value seen even prior to the official formation of their partnership.

Conclusion

By creating this substantial tech-enabled platform, Cambridge Capital, through the merger of STAT and The Moresby Group, takes a pivotal step forward in redefining financial operations for large companies. With the integration, clients can now expect an optimized approach to financial management that bridges revenue recovery and procurement, ensuring robust financial health amid increasingly competitive markets. As the new entity realizes its potential, it sets the stage for enhanced profitability and sustainability, reinforcing Cambridge Capital’s position as a leader in supply chain investment.