PROACTIS News

PROACTIS Completes Acquisition of Intesource

PROACTIS, a global Spend Control and eProcurement solution provider, is pleased to announce that further to the announcement on 29 April 2014, the acquisition of Intesource Inc has completed.
 
Further to the announcement on 29 April 2014, PROACTIS Holdings PLC ("PROACTIS", the "Company" or "the Group), the global Spend Control and eProcurement solution provider, is pleased to announce that the acquisition of Intesource Inc ("Intesource") has completed.

Rod Jones, CEO of PROACTIS commented:

"I am very pleased to announce the completion of the Intesource acquisition. It provides the Group with increased scale, profitability and a substantial footprint in the US Market."

"The eAuction offering, delivered as true SAAS (Software-as-a-Service), is complementary to the Group's current service and software suite and bolsters the Group's existing strong offering. We look forward to continuing to update the market with our progress and delivering excellent service to our customers."

For the full RNS announcement click here
 
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