David Bailey Appointed Chair of Bloom
Company - People | Jun 02, 2025 | EIN
David Bailey, the former President of the Management Consultancies Association, has been appointed as the non-executive chair of Bloom, a public-sector procurement marketplace backed by private equity firm BGF. Bloom offers public-sector buyers an efficient and compliant way to procure external professional services, having overseen over 13,000 projects with a spend exceeding £1.6 billion since its inception in 2012. Bailey, with a robust background in consulting and leadership roles, aims to expand Bloom's reach in light of the newly enforced Procurement Act. His extensive experience, particularly at Andersen Consulting (now Accenture) and Hitachi Consulting, as well as his consultancy work on mergers & acquisitions and business planning, positions him well for his new role. Amabel Grant, CEO of Bloom, expressed enthusiasm for Bailey's appointment, highlighting the strategic insight and relationships he brings to the table. Adam Jacobs, Founder of Bloom, emphasized that Bailey’s leadership is crucial as Bloom seeks to bolster its role as a key partner for the UK public sector.
Sectors
- Private Equity
- Public Sector Procurement
- Management Consulting
Geography
- United Kingdom – Bloom primarily functions within the UK's public sector, and the appointment of David Bailey will influence their expansion and strategy in this geographic region.
Industry
- Private Equity – The article mentions Bloom being backed by a private equity firm, BGF, which indicates the industry's involvement in funding and scaling business operations.
- Public Sector Procurement – Bloom operates as a marketplace for public sector procurement, connecting public sector buyers with service providers, which is integral to the article.
- Management Consulting – David Bailey's background and expertise lie within the management consulting industry, influencing his role and impact at Bloom.
Financials
- £1.6 billion – Total spend facilitated by Bloom across more than 13,000 projects since 2012.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| David Bailey | Chair | Person | Former President of the Management Consultancies Association, appointed as non-executive chair of Bloom. |
| Bloom | Target Company | Company | A public-sector procurement marketplace facilitating procurement of external professional services. |
| BGF | Investment Partner | Company | A private equity firm backing Bloom, supporting its growth and scaling in the public sector. |
| Amabel Grant | CEO | Person | CEO of Bloom, responsible for overseeing the company’s strategic operations. |
| Adam Jacobs | Founder | Person | Founder of Bloom, instrumental in its development and strategic direction. |