M&A Deal Summary

Runzheimer International Acquires ProcureApp

On July 10, 2014, Runzheimer International acquired software company ProcureApp

Acquisition Highlights
  • This is Runzheimer International’s 2nd transaction in the Software sector.
  • This is Runzheimer International’s 2nd transaction in the United States.
  • This is Runzheimer International’s 1st transaction in Illinois.

M&A Deal Summary

Date 2014-07-10
Target ProcureApp
Sector Software
Buyer(s) Runzheimer International
Deal Type Add-on Acquisition

Target

ProcureApp

Chicago, Illinois, United States
ProcureApp, Inc. is a provider of managed procurement and compliance solutions to companies. ProcureApp allows business travelers to use their favorite booking tools while ensuring negotiated discounts are applied and itinerary information is collected at the time of booking.

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Buyer(S) 1

Buyer

Runzheimer International

Waterford, Wisconsin, United States

Category Company
Founded 1933
Sector Information Technology
DESCRIPTION

Runzheimer International Ltd. is a provider of business insight, technology and managed services that empowers mobile employees and enables companies to be more effectively mobile. Runzheimer provides expertise, technology and world class customer service that empowers companies to move their businesses forward with confidence. As a result, its customers are able to better manage cost, reduce business risk and increase employee satisfaction in the mobile workplace. Runzheimer is the leader in workforce mobility programs, designing and delivering fair, accurate and defensible™ business vehicle programs, relocation information services and business expense solutions. Runzheimer is highly renowned and recognized for its market leading service delivery focus, an integral part of its corporate culture.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-18 RouteSmith

Denver, Colorado, United States

RouteSmith is a provider of delivery, dispatch and route optimization software.

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