The Technology team represented Vendr, Inc., in its acquisition by Vertice Technology Inc., the intelligent procurement platform built for the modern enterprise. The acquisition creates the world's largest procurement intelligence dataset, as Vertice will integrate Vendr's software insights with its own. The combined data represents more than $75+ billion in global indirect spend across 32,000 vendors, including real-world pricing and human-to-human interactions from 250,000 negotiated contracts, ranging from software to services.
Founded in 2019, Vendr, Inc., is a leading authority on software pricing and negotiation intelligence. Built on billions of dollars in verified SaaS spend, Vendr provides procurement and finance teams with trusted benchmarks and market insights while also helping streamline negotiations and drive more informed software purchasing decisions.
The deal team for this transaction included Harley Brown, Patrick Argenio, Jack Rosen, Austin Lorenzo, Cisco Palao-Ricketts, Timothy Holahan, Bethany Withers, Jackie Klosek, Dan Karelitz, Jacob Osborn, Dasol Lee, Austin Jones, Tom Serino, Chase Gorland, Carrie Miller, Carrie Clowney, Scott Zilora, Allison Goldsher, Matthew Denny, Troy Root, and Joe LaFauci.
For more information on the transaction, please read the press release.