Spend management and business-to-business e-commerce company Proactis unveiled its new brand identity on Monday, which it said was designed to signify a higher level of engagement with customers, and help them leverage its technology solutions and expertise.
Spend control solutions firm Proactis reported on Monday that it was trading in line to meet management expectations for the full year thanks to a significant growth in revenue and EBITDA over the six months leading to 31 January as a result of its acquisition of Perfect Commerce.
Software company Proactis announced on Wednesday that it had seen earnings and revenues increase over the financial year leading to 31 July, but still posted an operating loss due to administrative expenses related to recent acquisitions.
Spend control and eprocurement solutions provider PROACTIS Holdings said it delivered "substantial commercial and transformational strategic progress" in its full year on Tuesday, with revenues rising 31% over the previous year to £25.4m.
SSE: Credit Suisse upgrades to Outperform with a target price of 1500p.
AIM-listed procurement solution provider Proactis Holdings anticipates that results for the first half of the year will be in line with expectations with a rise in revenue.
Proactis chief executive designate Tim Sykes, his chairman and one other director have together bought £175,000 of shares in the spend-control software company, as the company continues its search for a full-time CEO.
Proactis Holdings, a spend control software provider, has completed the acquisition of Millstream Associates, a provider of e-procurement systems and services to the public sector, for about £15.5m.
Proactis, a spend control software provider, has agreed to buy Millstream Associates, a provider of e-procurement systems and services to the public sector, for £15.5m as part of its growth strategy.
AIM-listed Proactis Holdings has purchased eProcurement solutions company Due North from Access Intelligence.
Business software provider Proactis Holdings posted a sharp increase in annual pre-tax profit, on the back of acquisitions it completed last year.
Business software developer and provider Proactis said its full-year trading was in line with expectations with revenues and earnings up thanks to new deals.
Proactis Holdings revealed on Tuesday its half-year results were in line with expectations thanks to a strong pipeline of acquisitions.
Software stocks were on the rise on Wednesday as strong gains from Advanced Computer Software (ACS), Macromac, ServicePower and Proactis gave the sector a lift.
AIM-listed software group Proactis has agreed an acquisition of a rival that will make the enlarged company the largest public sector procurement provider in the UK.