Add-on Acquisition • Internet Software and Services

Procurify Acquires VendorBase

On March 29, 2018, Procurify acquired internet software and services company VendorBase

Acquisition Context
  • This is Procurify’s 1st transaction in the Internet Software and Services sector.
  • This is Procurify’s 1st transaction in the United States.

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M&A Deal Summary

Date March 29, 2018
Target VendorBase
Sector Internet Software and Services
Buyer(s) Procurify
Deal Type Add-on Acquisition

Target Company

VendorBase

United States
VendorBase is an independent online buyer supplier platform.
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Buyer Overview 1

Buyer

Procurify

Vancouver, British Columbia, Canada

Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

Procurify is a cloud based procurement software company. Procurify’s spend management software helps organizations control spending. Their improved procurement and purchasing workflows track purchases, set-up fast digital approvals, and manage all the steps of the procure-to-pay process. Procurify was founded in 2012 and is based in Vancouver, British Columbia.


Deal Context for Buyer #
Overall 1 of 1
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 1 of 1
Country: United States 1 of 1
Year: 2018 1 of 1