ATLANTA – January 24, 2024 – Morris, Manning & Martin advised NPI in securing a significant growth investment from private equity fund, Falfurrias Growth Partners.
NPI is the leading provider in IT procurement and cost optimization solutions which is used to analyze billions of dollars every year for clients in all industries that invest in IT. NPI's subscription service provides price benchmark analysis and negotiation intel that allows buying teams to drive material savings and measurable ROI through its machine learning technology. The investment will allow NPI to expand into new AI-powered technology, enhance its existing artificial intelligence and machine learning technology platforms, and grow its sales and marketing team.
The MMM team was led by Patrick McKenzie and includes Associates Matt Carlucci and Andy Klemm.