Contruent Acquires ProcureWare from Bentley Systems

April 29, 2024

Contruent, a Naperville-based SaaS provider of lifecycle cost management solutions, has acquired ProcureWare, a cloud-based e-procurement solution formerly owned by Bentley Systems. The acquisition—an add-on to Contruent's product suite while the company is PE-backed by M33 Growth—expands Contruent's procurement capabilities and integrates ProcureWare's vendor, bid, and contract management features into its end-to-end cost management offering.

Buyers
Contruent, M33 Growth
Targets
ProcureWare
Sellers
Bentley Systems
Platforms
Contruent
Industry
Cloud & SaaS
Location
Pennsylvania, United States
Transaction Type
Addon

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