Proposed Acquisition of Perfect Commerce

Transformational acquisition, significantly accelerating PROACTIS' strategy
PROACTIS, a global Spend Control and eProcurement solution provider, today announces that it has conditionally agreed to acquire all of the outstanding membership interest in Perfect Commerce, a global provider of spend management solutions with operations in the US, UK and Europe, for an aggregate consideration of up to $132.5 million (approximately £102.4 million). It has complementary territorial reach with extensive international capabilities serving approximately 150 customers (largely Tier 1), with over 1.3 million users across more than 80 countries, 20 languages and 100 currencies.

For further information, click here.
Stay Updated
Keep up to date with PROACTIS news, events and best practice