Tuesday 14th January, 2014

PROACTIS has announced plans to acquire EGS Group Limited a UK based, eProcurement, eInvoicing, workflow and Purchase-to-Pay solution provider for £2.9 million.

The acquisition will bring PROACTIS an extended customer base of approximately 200 Public Sector organisations controlling over £15bn of public spending across 150,000+ suppliers.

The joint customer list ranges from central government agencies and mid-sized companies in just about every industry sector; a variety of local governments and authorities; and charities focused on many different causes.

Customers that have deployed EGS' solutions will continue to operate those existing solutions and they will now all have access to the PROACTIS solution suite.

Rod Jones, CEO of PROACTIS, commented: "EGS' substantial expertise as a competitive eProcurement solution provider, allied with the complementary nature of PROACTIS' expertise and complete end-to-end suite of integrated solutions, means that customers can look forward to the delivery of even more robust and broad solutions that they can leverage to support their operations, enhance procurement effectiveness and extend collaboration with their suppliers."

Adrian Gibson, Managing Director of EGS, will be working with the PROACTIS senior management team, leading the integration process for EGS and managing communications with all of EGS' stakeholders.