July 12, 2022

Per Angusta and SpendHQ Join Forces

A match made in Procurement heaven to build the world’s first integrated closed-loop Procurement Platform

Together, as two recognized leaders in Procurement SaaS, our vision is to create the most advanced platform to drive procurement operations excellence for our customers on a global scale. We are revolutionizing the procurement technology landscape by providing the first of its kind closed-loop platform.

This new alternative to traditional suites provides a truly adapted response to the current challenges of Procurement and Finance executives. By combining spend analysis, opportunity identification, operational project management and real-time measurement of Procurement Performance, Procurement teams will be well equipped to react quickly to current crises, inflation and ESG stakes.

ATLANTA,GA/ July 12, 2022

SpendHQ, North America’s largest procurement spend analytics platform, has joined forces with France-based Per Angusta, the world’s first procurement performance management platform.

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.

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. Aymeric Le Page, Per Angusta’s Managing Director, who joined us in April to scale and structure operations, will continue running the European business.

“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, says Per Angusta Managing Director Aymeric Le Page. We will continue to lead the industry by being stronger together across North America and Europe.

“This is an exciting leap for procurement technology,” adds SpendHQ CEO Scott Macfee. “Both of our organizations have a rich procurement history and a disciplined, customer-centric approach to building solutions. 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.”

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. 

"The combination of our successful firms plus our ambitious road map will create something the procurement world has never seen."

Tom Beaty
SpendHQ Founder and Board Member

Per Angusta created the Procurement Performance Management segment. The combination with SpendHQ unlocks the potential to create a market-defining solution. 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.

Pierre Laprée
Founder and CEO - Per Angusta

Our platforms allow for the ultimate Procurement Performance optimization

Together the solutions provide a unique, end-to-end solution to understand spend,
identify opportunities, implement them, and measure Procurement’s contribution in
a transparent, indisputable way.

Spend Analytics

Contracts Database

Project Intake

Project Performance Management

Financial Performance Tracking

Category Management

Please reach out to us at any time. We are scheduling demos, media interviews, and client consultations, or happy to chat over email if you have any quick questions.

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