Jaggaer Acquisition, Valuation, Funding & Investors

Jaggaer was acquired by Vista Equity Partners for $3B in August 2024, a 10.0x multiple on $300M of revenue.

Jaggaer acquisition price

$3B

Acquired by Vista Equity Partners · Aug 2024

Jaggaer revenue at acquisition

$300M

Last twelve months · Aug 2024

Jaggaer revenue multiple at acquisition

10.0x

EV/Revenue · Aug 2024

Jaggaer EBITDA multiple at acquisition

20.0x

EV/EBITDA · Aug 2024

Jaggaer Overview

About Jaggaer

Jaggaer is a Morrisville-headquartered provider of cloud-based procurement software. Its platform includes Sourcing Manager for bid management, eProcurement for requisition-to-order automation, and Spend Analytics for visibility into expenditures. Solutions serve higher education, life sciences, and government sectors with supplier networks, materials management, and invoicing tools across North America and Europe.


Founded

1995

HQ

United StatesRaleigh, NC

Status

Acquired

Customer focus

B2B & B2G

Revenue model

Subscription

Revenue

$300M (Aug 2024)

Valuation

$440M (Dec 2017)

Jaggaer Acquisition

Jaggaer was acquired by Vista Equity Partners for $3B on 13 August 2024.

The acquisition price implies a 10.0x revenue and 20.0x EBITDA multiple on $300M of revenue.

Before the acquisition Jaggaer had raised $42M across 1 funding round.

Vista Equity Partners acquired Jaggaer, a cloud-based enterprise procurement and supplier collaboration software company, from UK-based private equity firm Cinven in August 2024. Jaggaer provides source-to-pay platform solutions that enable organizations to automate and streamline procurement processes, including sourcing, spend management, contracting, e-procurement, and supply chain visibility. The company serves over 1,400 customers globally across industries including pharmaceuticals, industrials, and insurance, managing a network of 13 million suppliers and 4 million users. Reuters reported the deal was valued at approximately $3 billion including debt, though Vista and Jaggaer did not officially disclose terms. Vista's acquisition was strategically motivated by Jaggaer's mission-critical platform positioned to capitalize on durable market growth tailwinds, particularly the increasing enterprise demand to unify direct and indirect spend management and leverage AI-powered capabilities. Vista executives highlighted Jaggaer's strong leadership team, commitment to operational excellence, and comprehensive solution that harmonizes disparate spend data across the procurement workflow. Vista, which manages over $100 billion in assets under management as of March 2024 and exclusively focuses on enterprise software and technology-enabled businesses, views Jaggaer as well-positioned to lead the market transition toward AI-enabled procurement automation.

Jaggaer acquisition details
AcquirerDateTypePriceEV/RevenueEV/EBITDA
  • Vista Equity Partners
13 Aug 2024PE buyout$3B10.0x20.0x

Jaggaer Valuation

Jaggaer is currently valued at $440M, based on its strategic investment round in December 2017. Read the announcement ↗

The $42M round included Italmobiliare.

Jaggaer valuation by funding round

Jaggaer valuation by funding round
DateStageValuation
Dec 2017Strategic investment$440M

Jaggaer Funding History

Jaggaer has raised a total of $42M across 1 funding round.

Jaggaer funding rounds

Jaggaer funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Dec 2017Strategic investmentItalmobiliare$42M$440MAs part of the sale of BravoSolution to Jaggaer at the end of 2017, Italmobiliare reinvested EUR 35 million in the combined Jaggaer group and became a shareholder with a stake of about 9.5 percent. Jaggaer is a US company active in eProcurement and spend management software, and the transaction combined BravoSolution's eSourcing activity with Jaggaer's procure-to-pay business. The investment was held through the vehicle SciQuest Topco alongside the technology-focused private equity firm Accel-KKR, under agreements on the management of Jaggaer signed between the two investors. The stake was sold to Cinven in 2019 for a value of more than USD 100 million.

Who has invested in Jaggaer?

1 investor has backed Jaggaer across its funding rounds, including Italmobiliare.


Jaggaer Investors

Investors in Jaggaer by funding rounds participated
InvestorHQRoundsRoleFirst check

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Acquisitions by Jaggaer

Jaggaer has acquired 4 companies to date.

Last acquisition by Jaggaer was on September 14th 2026. Jaggaer acquired Ivoflow for undisclosed valuation.


Latest Acquisitions by Jaggaer

Ivoflow
DocSkiff
BravoSolution
POOL4TOOL
Description
Ivoflow is a procurement analytics provider equipping manufacturers with tools to monitor and optimize their purchasing expenditures for greater visibility and efficiency gains.
DocSkiff is an AI-driven contract discovery and analytics platform analyzing legal agreements for risks and clauses. Powered by machine learning, it scans PDFs from repositories like DocuSign and SharePoint, extracting data on obligations, dates, and parties. Serving corporate legal teams in the U.S. and Europe, it supports M&A due diligence and compliance audits.
-
POOL4TOOL is a Karlsruhe-headquartered cloud platform that connects over 300 clients and 50,000 supply chain professionals across automotive, aerospace, and manufacturing sectors. Launched in 2007, it streamlines more than 40 processes including supplier onboarding, RFQs, quality audits, and cost engineering through modular tools like SRM, eSourcing, and eCollaboration. The platform's golden record methodology harmonizes data at project and BOM levels, integrating with SAP and other ERPs to cut process costs by over 30%. Major users include Volkswagen, Airbus, and ZF Friedrichshafen, with deployments in 25 countries supporting procure-to-pay and source-to-contract workflows.
HQ CountryGermanyUnited StatesUnited StatesAustria
HQ City
Koblenz
San Francisco, CA
-
Vienna
Deal Date14 Sep 20268 Feb 202229 Nov 20175 Jun 2017
Valuationundisclosedundisclosed$199Mundisclosed
EV/Revenue
EV/EBITDA

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Jaggaer Competitors

Jaggaer competitors include listed companies like Descartes Systems Group and SPS Commerce, and private ones like ElasticRun, Bringg, YH Global and MOV.

Public and private companies comparable to Jaggaer
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
ElasticRunIndiaPunePrivate$147M-$1.5B-
Descartes Systems GroupCanadaCanadaPublicly listed$729M$305M$8.1B9.6x
BringgIsraelIsraelPrivate--$1B-
YH GlobalChinaShenzhenPrivate--$1B-
MOVJapanTokyoPrivate--$3B-
SPS CommerceUnited StatesUnited StatesPublicly listed$752M$182M$2.9B3.5x
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
SPS Commerce$752M$182M3.6x3.5x15.0x10.4x
Intapp$578M($16M)5.6x5.3x(199.2x)24.4x
Xiamen Xiangyu Co$62B$526M0.1x0.1x12.6x9.5x
HopeRun$598M$42M6.5x5.8x91.6x-
GigaCloud Technology$1.3B$158M1.7x1.4x13.5x10.3x
Wuchan Zhongda Group Co$90B$1.5B0.1x0.1x8.2x7.1x
Kinaxis$548M$102M6.8x5.9x36.5x22.1x
Infomart$119M$31M9.5x8.7x36.8x32.8x

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Common questions about Jaggaer

When was Jaggaer founded?Jaggaer was founded in 1995.
Where is Jaggaer headquartered?Jaggaer is headquartered in Raleigh, NC, United States.
Is Jaggaer publicly listed?No, Jaggaer was acquired by Vista Equity Partners in August 2024.
Who acquired Jaggaer?Jaggaer was acquired by Vista Equity Partners in August 2024.
How much was Jaggaer acquired for?Jaggaer was acquired for $3B in August 2024, a 10.0x revenue multiple.
What is Jaggaer's valuation?Jaggaer was last valued at $440M in its strategic investment round in December 2017.
How much funding has Jaggaer raised?Jaggaer has raised $42M across 1 funding round.
What was Jaggaer's last funding round?Jaggaer's last funding round was a $42M strategic investment round in December 2017.
Who are Jaggaer's investors?Jaggaer's investors include Italmobiliare.
Which companies are comparable to Jaggaer?Companies comparable to Jaggaer include ElasticRun, Descartes Systems Group, Bringg, YH Global, MOV and SPS Commerce.
How many companies has Jaggaer acquired?Jaggaer has acquired 4 companies, including Ivoflow, DocSkiff, BravoSolution and POOL4TOOL.
What was the largest acquisition by Jaggaer?The $199M acquisition of BravoSolution in November 2017 is the largest acquisition Jaggaer has made to date.

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