The council's education and culture department, which delivers lifelong learning and youth services, won the 1.4m contract against the incumbent provider, Lifetime Careers, which has run the service since September 2002.
The tender process evaluated criteria including outcomes for young people and value for money.
Hannah Roberts, chief executive of Connexions Greater Manchester, said the partnership's key consideration is to secure need-led services "providing the best possible start in life" for young people in Bury.
Des Finn, head of lifelong learning at Bury Council, said: "We're delighted with the new contract because it finally realises our long-term goal of providing an integrated service with Connexions and the Learning and Skills Council." The council does not anticipate job losses in the transition. It intends to expand on the existing Connexions and youth service, especially frontline delivery.
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