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NEWS: Capital Investment from Buyers Meeting Point, LLC to Fuel the Continued Growth of Art of Procurement

By April 5, 2022No Comments

Long time General Manager Kelly Barner becomes a Partner at ProcureChange, LLC

Winter Garden, Florida – Art of Procurement, host of the #1 weekly podcast in procurement, today announced a significant capital investment from Buyers Meeting Point, LLC, and the promotion of Kelly Barner to Partner at ProcureChange, LLC, the holding company of Art of Procurement. Barner has served as Art of Procurement General Manager since 2017 and recently became Head of Content and Brand Partnerships.

Art of Procurement has achieved substantial growth and success since 2015. In 2021, the business experienced 2.6X revenue growth, with continuing year-over-year growth of 4X in Q1 2022 fueled by the success of their digital events, content creation services, and Experts On-demand consulting model. The Art of Procurement community has increased to over 20,000, driven purely by word of mouth and a reputation for consistently high quality and unbiased content. This investment will be deployed to support Art of Procurement’s future growth plans.

“Through her work leading and growing Buyers Meeting Point, Kelly was part of my inspiration to launch Art of Procurement” said Philip Ideson, Founder and Managing Director of Art of Procurement. “She is exceptionally talented and universally respected, and since our first collaboration shortly after launch, Kelly and I have worked tirelessly to help elevate the impact of procurement. I’m excited by the opportunities that Buyers Meeting Point’s investment will bring and welcome Kelly’s elevated role as a Partner and co-owner at Art of Procurement.”

Art of Procurement has attracted a number of enquiries from outside investors. Buyers Meeting Point’s investment is unique because it combines access to capital and an ownership stake for Kelly Barner – a win-win at this stage of Art of Procurement’s expansion – and is a reflection of Kelly’s role in the growth of Art of Procurement over the past 7 years.

“I’m grateful to have been part of the Art of Procurement success story since nearly the beginning,” said Kelly Barner. “Philip and I have grown this business, starting with his singular vision, and evolving in response to input from the procurement community and the unaddressed needs we observed firsthand. We have stood as a team through obstacles and successes. Today’s announcement takes my longstanding feeling of ownership and makes it official.”

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About Kelly Barner
Kelly Barner is the Owner and Managing Director of Buyers Meeting Point, LLC, an online information and networking resource for procurement and supply chain professionals. During her 20-year career in procurement, Ms. Barner has held positions throughout procurement, including Ahold USA (Now Ahold Delhaize) and Emptoris (now part of I.B.M.).

Ms. Barner has been an integral part of the Art of Procurement team since 2017, following a successful collaboration with Art of Procurement to host The Procurement Revolution, a virtual procurement conference. She started as the General Manager at Art of Procurement, and in 2021 saw her role expand to include Content and Brand Partnerships. Her knowledge of procurement and expertise creating content in all forms has distinguished Art of Procurement’s brand reputation and accelerated its growth.

Now, as a full Partner in the business, she is formally invested in the financial success and competitive differentiation of the Art of Procurement value proposition.

About Art of Procurement
Art of Procurement was founded in 2015 to we empower professionals at all levels to align procurement performance with corporate objectives. Whether it is based on the inspiration of the #1 weekly procurement podcast hosted by Founder Philip Ideson, or through targeted advisory and capability development offerings, we guide clients and brand partners on their journey to transform the impact of procurement. For more information, visit www.artofprocurement.com, follow the AOP company page on LinkedIn, or follow us on Twitter: @aopshow.

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