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Clever Global buys Isoco a few days after going public on the Mab.


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Integral service around a transaction
BY : Diego GutiérrezFebruary Fri, 2017
On December 22nd Clever Global went public on the Mab, carrying out a capital increase 2.4m and a week later announced the acquisition of Catalan Isoco, a technology services company aimed at transforming the procurement function into a strategic process for organisations.
About Clever Global

CLEVER Global is a technology services and outsourcing company specialising in the global management of suppliers and contractors, coordinating in real time all the elements (companies, workers, vehicles and machinery) involved. 

The company is present in 11 countries through permanent offices: Argentina, Brazil, Chile, Colombia, Ecuador, Spain, USA, Honduras, Mexico, Peru, United Kingdom and Uruguay. In addition, it provides its services in 36 countries on five continents.

As we have already seen, when we told you that Clever Global had exited to Mab, 2015, with a growth of 69%, has been a key year for the company. This growth has been largely due to the weight of the international market, which now exceeds the domestic market. The recent listing on the mab gives it financial muscle to be able to continue making purchases.

Clever Global compra Isoco

About Isoco

Isoco  is a technology services company aimed at transforming the procurement function into a strategic process for organisations. The company combines several elements to help make procurement more efficient: professional services, procurement consulting and modelling and category management and technology solutions.

  The firm has a suite that allows end-to-end management of the purchasing process, including approval services, negotiation, electronic invoicing and supplier portals. With 50 employees, the company is present in Barcelona, Madrid, Valencia and Medellín (Colombia).

About the purchase

Clever Global has acquired Isoco with the aim of expanding its portfolio with complementary Supply Chain Management services by adding procurement management and approval services to its global supplier and contractor management offering in all the territories in which it operates.

Clever Global has paid €868,000 for Isoco, between the pre-financing it has granted and the option price.

If you are looking for investors, you want to buy or selling a companyplease contact us. Abra-Invest has a team of experts in each area at your disposal. Call +34 946424142 or fill in the contact form.

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