Proactis teams up with GB Group to support payment facility onboarding
29th May 2019 09:53
(Sharecast News) - Spend management and e-commerce solution provider Proactis Holdings has signed a supply agreement with identity management specialist GB Group to support the delivery of its 'Accelerated Payment Facility' (APF), it announced on Wednesday.
Read moreProactis earnings slip despite revenue growth
29th Apr 2019 09:50
(Sharecast News) - Procurement software outfit Proactis saw earnings slip despite reporting improved revenues for the first half of its trading year.
Read moreProactis plunges on profit warning
28th Feb 2019 10:48
(Sharecast News) - Shares in spend management eCommerce solutions provider Proactis fell on Thursday after the group issued a profit warning following a period of lower retention levels and a deterioration of its pipeline in the US and Europe.
Read moreProactis appoints Tim Sykes as new chief executive
10th Jan 2019 09:27
(Sharecast News) - eCommerce solutions provider Proactis appointed Tim Sykes as chief executive with immediate effect on Thursday, taking over from Hamp Wall who has stepped down from the board altogether.
Read moreProactis doubles full-year revenues, swings to a profit
30th Oct 2018 10:52
(Sharecast News) - Proactis swung to a profit in its last trading year after the AIM-listed outfit successfully doubled revenues throughout the period.
Read moreProactis confident in future after combination process
22nd Aug 2018 14:56
(Sharecast News) - Spend management and business-to-business e-commerce solution provider Proactis Holdings updated the market on its trading for the financial year ended 31 July on Wednesday, reporting that it had now created a platform which was capable of delivering "sustainable organic growth" following a "transformational" re-organisation of its operational structure.
Read moreDirector dealings: Proactis new CEO takes proactive approach
30th Jan 2017 16:19
(ShareCast News) - 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. Chief financial officer Sykes, whose appointment as CEO designa
Read moreProactis completes £15.5m Millstream acquisition
17th Nov 2016 09:45
(ShareCast News) - 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. The acquisition was funded through a share placing of 9.2m shares to raise about £
Read moreProactis to buy Millstream Associates for £15.5m
10th Nov 2016 09:44
(ShareCast News) - 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. The payment will be on a cash free and normalised working capital basis funded by
Read moreProactis acquires eProcurement solutions company
3rd Feb 2016 08:52
(ShareCast News) - AIM-listed Proactis Holdings has purchased eProcurement solutions company Due North from Access Intelligence. The specialist spend control software provider announced it acquired the entire issued share capital for £4.5m. The acquisition is expected to enhance the company's po
Read moreProactis jumps as annual profit and revenue surge on acquisitions
13th Oct 2015 12:31
(ShareCast News) - Business software provider Proactis Holdings posted a sharp increase in annual pre-tax profit, on the back of acquisitions it completed last year. In the year to 31 July, the group said its pre-tax profit jumped from £0.15m to £1.5m, as revenue surged 68.6% year-on-year to £17.2m.
Read moreProactis posts strong full-year update thanks to new deals
6th Aug 2015 11:44
(ShareCast News) - 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. Revenues rose 69% year-on-year to £17.2m and adjusted earnings before interest, tax, depreciation and amortisation more tha
Read moreProactis H1 in line with expectations as profits more than double
17th Feb 2015 16:29
Proactis Holdings revealed on Tuesday its half-year results were in line with expectations thanks to a strong pipeline of acquisitions. Revenues at the spend control and e-procurement solutions provider increased to £8.4m from £4m while profits with adjusted earnings before interest, taxes, deprecia
Read moreSector movers: Software stocks on the rise
4th Jun 2014 14:20
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. ACS, the AIM-listed software and IT group which provides services to the UK health, care and business sectors, impressed after saying reve
Read moreProactis agrees to buy rival EGS
14th Jan 2014 14:31
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. The spending control company will pay a net £2.2m for EGS, a well-regarded competitive e-procurement solution provider also specialis
Read more