Proactis make another acquisition

After a relatively quiet period on the merger and acquisition front in the procurement technology market so far in 2018, Proactis have announced the addition of Dutch spend management firm Esize into the group.

This follows a pattern of growth by acquisition by Proactis  who have previously bought the likes of Due North, EGS and Intelligent Capture.  Last year they made a significant step in what was an effectively a reverse takeover of Perfect Commerce and this is the first acquisition by the group since then.

As usual there’s some good analysis of the deal by our friends at Spend Matters which you can read here:

https://spendmatters.com/uk/proactis-back-on-acquisition-trail-acquires-dutch-firm-esize/