Add-on Acquisition • Business Services

SIB Fixed Cost Reduction Acquires ProcureAmerica

On August 15, 2023, SIB Fixed Cost Reduction acquired business services company ProcureAmerica

Acquisition Context

This is SIB Fixed Cost Reduction’s 2nd transaction in the Business Services sector.
This is SIB Fixed Cost Reduction’s 4th transaction in the United States.
This is SIB Fixed Cost Reduction’s 1st transaction in California.

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M&A Deal Summary
Date	August 15, 2023
Target	ProcureAmerica
Sector	Business Services
Buyer(s)	SIB Fixed Cost Reduction
Deal Type	Add-on Acquisition

Target Company

ProcureAmerica

San Juan Capistrano, California, United States

ProcureAmerica is a service provider of contingency-based cost reduction and contract compliance services supporting government, education, healthcare, and private industry. Their areas of focus include utilities, waste, telecommunications, print management, treasury, and technology. The organization is staffed by industry-specific veterans and helps its clients improve service levels, achieve vendor transparency, and reduce costs. Procure America is headquartered in San Juan Capistrano, California.

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Buyer Overview 1

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