Esize merges with PROACTIS

Esize, supplier of Cloud Spend Management solutions, has announced today that it will join forces with PROACTIS, one of the world’s top 5 service providers in the field of ‘Spend Management and B2B eCommerce solutions’.

Tim Schaefers, Esize CEO: “By combining our efforts, we will be even better able to serve our clients, which increasingly demand global support. The merger will also give us the opportunity to add new products and services to our existing portfolio. This will give our clients even more options. Naturally, it will also benefit the further growth of Esize. PROACTIS is impressed by our clients, technology, and capacity for innovation, which will all be added to the PROACTIS organisation. As the board and shareholders, we therefore see that as a win-win situation.”

More than 450 people are employed at PROACTIS, which is active in 14 countries and has offices in the United Kingdom, the United States, France, and Germany. The company serves more than 1,000 clients, and it has a large network with more than 2 million affiliated suppliers. PROACTIS earns almost 70 million euros in revenue. PROACTIS is listed on the London Stock Exchange.

The Esize operation and proposition is a leading player in The Netherlands and the wider Benelux region and will work closely with the current PROACTIS organisation in a coordinated way. Paul van Rietschoten (CTO) and Tim Schaefers (CEO) will continue to lead the operation.

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