Add-on Acquisition • Internet Software and Services

PRGX Global Acquires Lavante

On October 25, 2016, PRGX Global acquired internet software and services company Lavante

Acquisition Context
  • This is PRGX Global’s 1st transaction in the Internet Software and Services sector.
  • This is PRGX Global’s 3rd transaction in the United States.
  • This is PRGX Global’s 1st transaction in California.

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M&A Deal Summary

Date October 25, 2016
Target Lavante
Sector Internet Software and Services
Buyer(s) PRGX Global
Deal Type Add-on Acquisition

Target Company

Lavante

San Jose, California, United States
Lavante, Inc. is a SaaS based procure-to-pay (P2P) supplier information management (SIM) and recovery audit services firm. Lavante, Inc. was established in 2001 and is headquartered in San Jose, California.
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Buyer Overview 1

Buyer

PRGX Global

Atlanta, Georgia, United States

Category Company
Founded 1990
Sector Business Services
Employees1,500
Revenue 170M USD (2019)
DESCRIPTION

PRGX Global is a provider of recovery audit services. PRGX helps companies reach wider, dig deeper, and act faster to get more value out of their source-to-pay data. PRGX Global was founded in 1990 and is based in Atlanta, Georgia.


Deal Context for Buyer #
Overall 4 of 4
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 3 of 3
State: California 1 of 1
Country: United States 3 of 3
Year: 2016 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-06 Cost & Compliance Associates

Atlanta, Georgia, United States

Cost & Compliance Associates LLC is a commercial recovery audit and contract compliance firm with operations in the U.S. and the UK.

Buy -