Intys , signs a new acquisition in France, and strengthens its capacity to innovate
Intys, signs a new acquisition in France, and strengthens its capacity to innovate.
Intys announced last Friday the acquisition of the BPO division of JAGGAER, software publisher, the leader in Source-to-Pay technology.
This is the second acquisition made by the Belgian consulting firm since Omnes took a stake in July 2019.
Intys is strengthening its presence in France, for a total of 175 employees out of a total workforce of more than 500 employees in three countries (Belgium, France, Luxembourg).
Beyond the obvious geographic and sectoral synergies, management relies on the know-how, expertise, and experience of JAGGAER BPO teams in the area of contractualization and management of complex and long-term commitments. The Intys Group should indeed reach the 50 million euros turnover mark by the end of 2021 and generate more than 20% of its income through these contractual methods.
After a positive 2020 despite the Covid, this transaction confirms Intys’s ambition to generate around 40% of its growth through acquisitions. “This vision is part of the strategic plan developed when Omnes joined the shareholder base. »Recalls Philippe Metz, CEO of Intys. “The internationalization objective targets acquisitions in Belgium, France, the Netherlands, and Germany. The opportunities will be analyzed with all the more interest if they are active in niche specialties linked to cybersecurity and Sustainable Development issues. »Points out Philippe Metz.
Jim Bureau, CEO of JAGGAER said “As a leader in source-to-pay technology, we will continue to focus on delivering value and intelligence to buyers and suppliers through our ever-growing global network expansion. We are proud to hand over our French BPO and Consulting activities to hands as capable as those of Intys and PwC respectively “.
About JAGGAER: « Procurement Simplified »
JAGGAER is the world’s largest independent expense management company, connecting clients to a network of 4 million vendors in 70 countries, served from offices in America, APAC, Asia, and the EMEA region. JAGGAER offers end-to-end purchasing solutions in SaaS mode, including advanced solutions for expense analysis, category management, supplier management, sourcing, contracts, online procurement, invoicing, Supply Chain Management, and inventory management. All of these solutions reside on a single platform, JAGGAER ONE. JAGGAER has pioneered spending solutions for over two decades and continues to lead and innovate while listening to customers and stakeholders in all industries, utilities, and academia. JAGGAER holds 37 patents, more than any other expense management company.