Proactis Holdings PLC Strategic Contract Win
Proactis Holdings plc (LON: PHD), the global spend management company, has today announced that it has signed a long-term contract with DIWIDAG Systems International in Germany. As announced at the time of the Interim Results during April 2019 the Group took a strategic decision to focus more tightly on a specific market segment with a […]
Proactis Holdings PLC performance at Board’s expected levels
Proactis Holdings PLC (LON: PHD), the business spend management solution provider, provided today an update on trading for the financial year ended 31 July 2019. Trading Update The Group’s performance was at the Board’s expected levels following the completion of the operational review announced earlier in the year, and it is now focused on delivering […]
Proactis Holdings PLC Approach Prompts Review of Options under FSP
Proactis Holdings PLC (LON: PHD), the global spend management and B2B eCommerce solution provider, announced today that it has received a preliminary unsolicited approach from a US-based investor with regard to an offer for the Company and a number of preliminary unsolicited expressions of interest from other parties. The Board of Proactis confirms its confidence […]
Proactis Holdings plc selected to join Government G-Cloud 11 Framework
Proactis Holdings plc (LON: PHD), the global spend management and B2B eCommerce company, has today stated that it has been selected to join the latest Government G-Cloud 11 framework, enabling it to deliver its range of spend management solutions directly to public sector organisations. The G-Cloud is a specialist supplier framework set up by the […]
Proactis Holdings agreement with GBG to support delivery Accelerated Payment Facility
PROACTIS Holdings PLC (LON: PHD), the global spend management and B2B eCommerce solution provider, has today announced that it has signed a supply agreement with GBG, the identity data specialists, to support the delivery of Proactis’ Accelerated Payment Facility. Proactis will integrate with GBG’s identity validation solution, GBG IDscan, to support the digital onboarding of […]
PROACTIS Holdings PLC Deliver Strong Interim results for the six months ended 31 January 2019
PROACTIS Holdings PLC (LON: PHD), a global Spend Management and B2B commerce solution provider, today announced its interim results for the six-month period ended 31 January 2019. Trading performance * Total Contract Value signed was £6.1m (31 January 2018: £5.6m) * New business deal activity solid: 34 new name deals (31 January 2018: 34) * […]
Proactis Holdings PLC Confident in ability to deliver an improved level of performance
Proactis Holdings PLC (LON:PHD), the global spend management and B2B eCommerce solution provider, announces that the Group expects to report order intake of £5.8m (2018: £5.5m) of total contract value for the 6-month period ended 31 January 2019 (the period’) and revenue of approximately £27.7m (2018: £26.4m). This includes TCV of £1.0m (2018: £Nil) and […]
Proactis Holdings PLC Tim Sykes Steps up to CEO in a period of great opportunity for the Group
Proactis Holdings PLC (LON: PHD), the global spend management and B2B eCommerce solution provider, announced today that Tim Sykes has been appointed as Chief Executive Officer with immediate effect. Hamp Wall has stepped down as Chief Executive Officer and from the Board and will continue his involvement with the Company in an advisory capacity. The […]
Proactis Holdings PLC Revenue increased by 106% to £52.2m
Proactis Holdings PLC (LON: PHD), the global spend management and B2B eCommerce solution provider, today announced its audited results for the year ended 31 July 2018. These results reflect the first full year of ownership of Perfect Commerce, LLC. This report does not include any contribution from or impact of the acquisition of Esize Holdings […]
Proactis Holdings PLC Well positioned in a growing marketplace
Proactis Holdings PLC (LON:PHD), the global spend management and B2B eCommerce solution provider, reported today a detailed update on trading for the financial year ended 31 July 2018 further to its initial update on 7 August 2018. Trading Update The Group has created a platform which is capable of delivering sustainable organic growth having undertaken […]
PROACTIS Holdings PLC launches new brand identity
Proactis Holdings Plc (LON:PHD), the global spend management and B2B eCommerce company, has today unveiled its new brand identity. This is designed to signify a higher level of engagement with customers and to help them leverage Proactis’ technology solutions and expertise, enabling them to rethink and transform the way they do commerce and thrive in […]
PROACTIS Holdings PLC Dramatically Enhanced Scale and Financial Performance
PROACTIS Holdings PLC (LON:PHD), a global spend management solution provider, today announced its interim results for the six-month period ended 31 January 2018. Trading performance * Deal activity buoyant: 35 new name deals (31 January 2017: 27) * Favourable revenue shift toward multi-year SaaS deals: 31 new names (31 January 2017: 22) * Initial contract […]
PROACTIS Holdings PLC ender Offer for Hubwoo S.A. ‘Outcome beyond our expectations’
PROACTIS Holdings PLC (LON:PHD), the global Spend Control and eProcurement solution provider, has today announced the result of the Tender Offer for the remaining issued share capital of Hubwoo S.A. (“Hubwoo”), details of which were announced on 18 January 2018. In accordance with the result of the Tender Offer for Hubwoo shares published by the […]
PROACTIS Holdings Extremely excited about the next six months after strong performance
PROACTIS Holdings PLC (LON:PHD), the global Spend Control and eProcurement solution provider, has today announced that it has delivered significant revenue and EBITDA growth during the period for the six months ended 31 January 2018 and trading currently remains in line to meet management expectations for the financial year ending 31 July 2018. The Board […]
PROACTIS Holdings PLC Filing of Tender Offer for Hubwoo
PROACTIS Holdings PLC (LON:PHD), the specialist Spend Control software provider, announced today that following the acquisition of Perfect Commerce, LLC and a decision to undertake a mandatory tender offer rather than seek a waiver of that obligation, following discussions with the French Authorité des Marchés Financiers (“AMF”), the Company (through its wholly owned subsidiary Perfect […]
PROACTIS Holdings PLC Strong trading and financial performance
PROACTIS Holdings PLC (LON:PHD), the specialist Spend Control solution provider, has today announced its audited results for the year ended 31 July 2017. Following the period under review, the Company acquired Perfect Commerce Group LLC (“Perfect”), which completed on 4 August 2017 and has since positioned PROACTIS as the sixth largest global ePurchasing pure-player by […]
INTERVIEW: Proactis Holdings PLC A Good Strong Performance
Proactis Holdings PLC (LON:PHD) CFO Tim Sykes talks to DirectorsTalk about its substantial commercial and transformational trading performance. Tim shares his impressions of the update, provides a summary of the progress made with each of the acquired businesses and gives us a idea of what developments we might expect to see from the business combination […]
PROACTIS Holdings PLC Strong organic growth
PROACTIS Holdings PLC (LON:PHD), the global Spend Control and eProcurement solution provider, has today updated the market on trading for the year ended 31 July 2017. The Group has delivered substantial commercial and transformational strategic progress during the year and expects to report: * Revenues of approximately £25.4m (2016: £19.4m), an increase of 31%; * […]
PROACTIS Holdings Plc Completion of Acquisition
PROACTIS Holdings Plc (LON:PHD) the specialist spend management solution provider, confirmed today that it has completed the acquisition of Perfect Commerce LLC (“Completion”). This follows the announcements on 7 July 2017 in relation to the Acquisition and Placing, and on 31 July 2017 in relation to the passing of the Resolutions at the General Meeting. […]
PROACTIS Holdings Plc Acquire Perfect Commerce, LLC for £102.4m
PROACTIS Holdings Plc (LON:PHD), the specialist spend management solution provider, today announced that it has conditionally agreed to acquire all of the outstanding membership interest in Perfect Commerce, LLC (“Perfect Commerce”), a global provider of spend management solutions with operations in the US, UK and Europe (the “Acquisition”), for an aggregate consideration of up to […]