Merger • Internet Software and Services

Unimarket Acquires VendorPanel

On October 9, 2024, Unimarket acquired internet software and services company VendorPanel

Acquisition Context

This is Unimarket’s 1st transaction in the Internet Software and Services sector.
This is Unimarket’s 1st transaction in Australia.

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M&A Deal Summary
Date	October 9, 2024
Target	VendorPanel
Sector	Internet Software and Services
Buyer(s)	Unimarket
Deal Type	Merger

Target Company

VendorPanel

Melbourne, Australia

VendorPanel is a source-to-contract procurement platform offering its cloud-based software to governments and businesses to simplify procurement, reduce risk, and optimize outcomes at each stage of the procurement lifecycle. VendorPanel is based in Melbourne, Australia.

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Buyer Overview 1

Buyer

Unimarket

Auckland, New Zealand

Category	Company
Founded	2005
Sector	Internet Software and Services

DESCRIPTION

Unimarket provides cloud-based procurement software and services in a number of sectors. Its easy-to-use eProcurement solution simplifies and automates the procurement process by connecting an extensive catalog-driven supplier marketplace with purchasing, invoice management, and card payment functions, together in a single cloud platform that is easy for administrators, buyers, and suppliers alike. Unimarket was formed in 2005 and is based in Auckland, New Zealand.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Internet Software and Services	1 of 1
Type: Merger	1 of 1
Country: Australia	1 of 1
Year: 2024	1 of 1

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