SIB Holdings Invests in ProcureAmerica

SIB Fixed Cost Reduction Invests in Shipware

December 15, 2021

Transportation

SIB Fixed Cost Reduction has made a strategic add-on investment in Shipware, acquiring the transportation spend management and invoice-audit provider to expand SIB’s shipping and logistics cost-reduction capabilities. The transaction was announced by O2 Investment Partners (SIB’s sponsor) and supported by financial partners including Tree Line Capital Partners, Stellus Capital Management, Capital Southwest, and LBC Small Cap.

SIB Fixed Cost Reduction Acquires Cost Control Associates

October 27, 2020

Consulting

SIB Fixed Cost Reduction, a PE-backed spend-management platform, has acquired Cost Control Associates (CCA), a utilities and telecom spend-management firm headquartered in Queensbury, New York. The deal, supported by SIB sponsor O2 Investment Partners, expands SIB’s capabilities in utility expense oversight and is positioned as an add-on acquisition to deepen client offerings and drive revenue synergies.

Jabil Inc. Acquires ProcureAbility

November 1, 2023

Consulting

Jabil Inc. has acquired ProcureAbility, a provider of procurement advisory, managed services, digital solutions, and staffing. The acquisition will allow Jabil to integrate ProcureAbility’s procurement capabilities with Jabil’s global supply chain and manufacturing expertise to expand procurement services for enterprise clients.

Serent Capital Invests in Procurement Partners

December 3, 2020

Cloud & SaaS

Serent Capital has made a growth investment in Procurement Partners, a Champaign, Illinois–based provider of a procure-to-pay (P2P) eProcurement platform serving healthcare providers. The investment will provide capital and Serent’s growth resources to help Procurement Partners scale its platform, expand its team, and reach more healthcare customers across the United States.

SIB Holdings Invests in Vector97

July 29, 2022

Environmental Services

SIB Holdings has made a strategic add-on investment in Vector97, a tech-enabled waste and recycling expense management firm, as announced by O2 Investment Partners. The transaction expands SIB’s service capabilities and customer reach across multi-family residential, commercial, medical, and industrial end markets with support from financial partners including Tree Line Capital Partners, Stellus Capital Management, Capital Southwest, and LBC Small Cap.

Invincible Software Holdings Acquires ProSpend

November 3, 2025

Cloud & SaaS

Invincible Software Holdings (ISH) has acquired ProSpend, a Sydney-headquartered business spend management SaaS provider, to launch ISH's new Fintech track. The deal will provide ProSpend capital, go-to-market support and operational expertise to accelerate growth across Australia and New Zealand and expand into the UK & Ireland.