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M&A Deal Summary

Unimarket Acquires VendorPanel

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

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

M&A Deal Summary
Date 2024-10-09
Target VendorPanel
Sector Internet Software and Services
Buyer(s) Unimarket
Deal Type Merger

Target

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(S) 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 STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2024 M&A 1 of 1
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