Investment Summary

SIB Fixed Cost Reduction Invests In Getida

On October 24, 2022, SIB Fixed Cost Reduction invested in software company Getida

Investment Highlights
  • This is SIB Fixed Cost Reduction’s 2nd transaction in the Software sector.
  • This is SIB Fixed Cost Reduction’s 3rd transaction in the United States.
  • This is SIB Fixed Cost Reduction’s 1st transaction in New Jersey.

Investment Summary
Date 2022-10-24
Target Getida
Sector Software
Investor(s) SIB Fixed Cost Reduction
Deal Type Growth Capital

Target

Getida

Teaneck, New Jersey, United States
Getida is a technology company that offers Amazon sellers innovative auditing and reconciliation solutions. The company provides its recovery solutions by offering full visibility over the recovery process through its user dashboard. Getida was formed in 2015 and is based in Teaneck, New Jersey.

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Investor(S) 1

Investor

SIB Fixed Cost Reduction

Charleston, South Carolina, United States
Category Company
Founded 2008
Sector Business Services
DESCRIPTION

SIB Fixed Cost Reduction is a spend-management consulting firm that offers shared-savings solutions plus robust vendor-management and utility service offerings. SIB Fixed Cost Reduction was founded in 2008 and is based in Charleston, South Carolina.

DEAL STATS #
Overall 3 of 4
Sector (Software) 2 of 2
Type (Growth Capital) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 3 of 4
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-03 Sage Management

Arlington, Virginia, United States

Sage Management provides software-driven solutions that enable telecom service providers, large enterprises, and government customers to optimize their communications inventory and spend. Sage Management was founded in 2004 and is based in Arlington, Virginia.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-15 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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Mergr

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