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GEP completes acquisition of OpusCapita to expand its procurement and supply chain solutions

PRIVATEJul 01, 2024

Acquiring Company

GEP

Acquired Company

OpusCapita

ClarkEspooSoftwareArtificial IntelligenceMachine LearningDocument Management

Description

GEP, a leading provider of AI-driven procurement and supply chain software, has acquired OpusCapita, a leading provider of e-invoicing and procurement solutions based in Helsinki, Finland. This acquisition combines GEP's industry-leading procurement and supply chain software with the e-invoicing and accounts payable automation solutions offered by OpusCapita, expanding GEP's global operations across the Nordic countries.

Quick answer

GEP is acquiring OpusCapita, announced July 1, 2024. GEP is based in Clark, New Jersey, United States.

How much did GEP pay for OpusCapita?
The deal value was not disclosed.
What does GEP do?
GEP is a leading provider of AI-driven procurement and supply chain software, consulting, and services to Fortune 500 and Global 2000 enterprises.
Where are GEP and OpusCapita based?
GEP is based in Clark, New Jersey, United States. OpusCapita is based in Espoo, Uusimaa, Finland.
Who are the decision-makers at GEP?
Fundz holds 1 contact at GEP. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

GEP

Location

Clark, New Jersey, United States

About

GEP is a leading provider of AI-driven procurement and supply chain software, consulting, and services to Fortune 500 and Global 2000 enterprises. It delivers AI-powered procurement and supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability, and increase shareholder value.

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Frequently asked

Who acquired OpusCapita?

OpusCapita was acquired by GEP, based in Clark. The deal was reported on July 1, 2024. GEP is a leading provider of AI-driven procurement and supply chain software, consulting, and services to Fortune 500 and Global 2000 enterprises. GEP is privately held and operates in Software.

When did GEP acquire OpusCapita?

GEP's acquisition of OpusCapita was reported on July 1, 2024. GEP, a leading provider of AI-driven procurement and supply chain software, has acquired OpusCapita, a leading provider of e-invoicing and procurement solutions based in Helsinki, Finland. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does OpusCapita do?

OpusCapita is a leading provider of e-invoicing, accounts payable automation, and supply chain document management solutions. It supports 600 clients with 220 employees across multiple office locations. It is privately held, operating in Document Management, and is based in Espoo.

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