M&A Deal Summary

PROACTIS Holdings Acquires Esize Netherlands B.V.

On August 7, 2018, PROACTIS Holdings acquired internet software and services company Esize Netherlands B.V.

Acquisition Highlights
  • This is PROACTIS Holdings’ 4th transaction in the Internet Software and Services sector.
  • This is PROACTIS Holdings’ 1st transaction in the Netherlands.

M&A Deal Summary

Date 2018-08-07
Target Esize Netherlands B.V.
Sector Internet Software and Services
Buyer(s) PROACTIS Holdings
Deal Type Add-on Acquisition

Target

Esize Netherlands B.V.

Weesp, Netherlands
Esize Netherlands B.V. is a provider of cloud-based spend management solutions. Esize offers a powerful combination of procurement & financial knowledge and software development expertise. Esize Netherlands B.V. was founded in 1999 and is based in Weesp, Netherlands.

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Buyer(S) 1

Buyer

PROACTIS Holdings

Wetherby, United Kingdom

Category Company
Founded 1996
Sector Information Technology
Employees516
Revenue 50M EUR (2020)
DESCRIPTION

PROACTIS Holdings is a spend control and eProcurement solution provider. PROACTIS creates, sells and maintains specialist software which enables organisations to streamline, control and monitor all internal and external expenditure. PROACTIS Holdings was founded in 1996 and is based in Wetherby, the United Kingdom.


DEAL STATS #
Overall 9 of 9
Sector: Internet Software and Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 8 of 8
Country: Netherlands M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-07 Perfect Commerce

Newport News, Virginia, United States

Perfect Commerce is a global provider of spend management solutions with operations in the US, UK and Europe. Company develops and sells cloud-based, technology-led, spend management solutions for the public and private sector markets.

Buy $133M