Cloud procurement solutions
Onventis: Change of investor signed and sealed
Keensight Capital, a private equity firm specializing in pan-European growth buyout investments, has acquired Onventis, a provider of cloud procurement solutions for SMEs in the DACH and Benelux regions and Scandinavia, following the exit of Main Capital Partners.
The company is thus further expanding its track record. Founded in 2000 and headquartered in Stuttgart, the company manages the source-to-pay processes of direct and indirect materials in strategic and operational purchasing with its offering. Keensight, which has been interested in spend management software for many years, identified Onventis as the market leader early on: It is characterized by a strong product offering, a clear strategic vision and seamless implementation. Onventis CEO Frank Schmidt: "Onventis has a promising future ahead of it and we are excited to embark on this new chapter with Keensight as our new partner. We believe their expertise will drive our growth and look forward to working together."
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