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Per Angusta and SpendHQ Join Forces

Per Angusta and SpendHQ Join Forces to build the world’s first integrated closed-loop procurement platform ATLANTA,GA/ July 12, 2022: Per Angusta, the world’s first Procurement Performance Management platform, has joined forces with SpendHQ, North America’s largest procurement spend analytics platform.…

July 12, 2022

Per Angusta joins forces with SpendHQ

Per Angusta and SpendHQ Join Forces to build the world’s first integrated closed-loop procurement platform

ATLANTA,GA/ July 12, 2022: Per Angusta, the world’s first Procurement Performance Management platform, has joined forces with SpendHQ, North America’s largest procurement spend analytics platform. As part of the transaction, Per Angusta CEO Pierre Laprée will join SpendHQ as a significant shareholder, board member, and Chief Product Officer. He will join the SpendHQ leadership team led by CEO Scott Macfee.

SpendHQ partnered with Charlotte-based Pamlico Capital to support the acquisition. Pamlico provided $65 million in funding for the transaction and to accelerate growth. Pamlico will be a minority investor in SpendHQ and board member. 

SpendHQ, the largest North American Procurement Spend Analytics platform has developed unrivalled capability to cleanse, normalise, and enrich data. This data can be complemented with diversity and ESG-related information.

According to SpendHQ founder and board chair Tom Beaty, “Pierre is the first procure-tech executive I have met in my 25-year career who shares a nearly identical vision to build a true platform for procurement professionals, going well beyond the transactional procure-to-pay suites of today. The combination of these two successful firms plus our ambitious road map under the leadership of Scott, will create something the procurement world has never seen.” 

Tom Beaty, Founder and Board Chair, SpendHQ – Scott Macfee, CEO, SpendHQ – Pierre Laprée, Founder and CEO, Per Angusta

“Per Angusta created the Procurement Performance Management segment. The combination with SpendHQ unlocks the potential to create a market-defining solution,” says Pierre Laprée, CEO and founder of Per Angusta. “As an entrepreneur I am grateful I met Tom. Our common Procurement DNA, the alignment of our visions and the values of our people are incredible. This union will accelerate our ability to use data to bring Procurement closer to Finance and the C-suite, and ultimately elevate the role of Procurement.” 

Per Angusta’s employees will join SpendHQ resulting in a combined organization with team members in 11 countries across three continents. The resulting Procurement powerhouse will serve over 400 customers globally including many of the largest companies and private equity firms in the world.   

This union creates the most advanced platform to drive procurement operations excellence, on a global scale. The combined organization is revolutionizing the procurement technology landscape by providing the first of its kind platform – a closed-loop procurement system. From spend analytics and opportunity identification to procurement performance management and project execution to validated and verified savings & value tracking – this solution is truly the first of its kind. 

This is an exciting leap for procurement technology,” says SpendHQ CEO Scott Macfee. “Both of our organizations have a rich procurement history and a disciplined, customer-centric approach to building solutions. Our joining forces is a direct result of both customer and market feedback. Together, we’ll enable our customers to bridge the gap from spend analytics and opportunity identification to the execution and realization of their strategic objectives, whether bottom-line savings or non-financial goals such as diversity and sustainability.”

Joining forces allows us to answer a clear gap in the industry on how data should flow smoothly between Spend Analytics and Procurement Performance Management. We will continue to lead the industry by being stronger together across North America and Europe” adds Aymeric Le Page, Per Angusta Managing Director who joined in April to scale and structure operations, and will continue running the European business. 

Walker Simmons, Partner at Pamlico, and Larsen Jones, Vice President at Pamlico, said “We couldn’t be more excited to partner with the SpendHQ and Per Angusta team to help build a leading platform in procurement technology. Not only does this combination bring together a best-in-class management team, but we believe the integration of spend analytics and procurement performance management will deliver unique value to procurement organizations. We look forward to supporting the company’s continued growth.” 

About Per Angusta

Per Angusta is the leading cloud-based solution for Procurement Performance Management, providing increased visibility into the strategic sourcing process, enabling better collaboration and transparency. 
Per Angusta uplevels the value of procurement teams by tracking savings, bridging the gap between purchasing and finance, and aligning stakeholder goals and progress. Enhancing visibility into team performance and improved reporting lets teams focus on the strategic side of procurement, creating value and innovation for their stakeholders. Since 2012, more than 17 000 users in over 120 countries are relying on the solution to strengthen transparency and collaboration. Recognized by Spend Matters as one of the 50 to know players in Procurement, Per Angusta is the global leader in Procurement Performance Management (PPM).

About SpendHQ 

SpendHQ is a procurement analysis solution that provides rapid, accurate, and detailed visibility into enterprise spend data. Built by sourcing professionals for sourcing professionals, this full-service SaaS spend analytics solution delivers actionable insight for every stakeholder. The SpendHQ platform and solutions team serves all industries, and clients include some of the world’s largest organizations. SpendHQ has been recognized as an industry leader by Spend Matters’ SolutionMap, Ardent Partners’ Key Solution Providers, and Procurement Leaders’ World Procurement Awards.

About Pamlico Capital 

Pamlico Capital is a private equity firm founded in 1988 that invests in growing middle market companies in North America. Pamlico Capital seeks growth equity investments of up to $200 million alongside founders and proven leaders in its target industries: communications, healthcare, services and software. The firm, based in Charlotte, NC, has assets under management of approximately $4 billion. For additional information, please visit


Media Contact 

Valérie Lacour | Marketing Director, Per Angusta |


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