Borenius advised Sievo on its acquisition of Provalido

We advised our long-term client Sievo, the global leader in procurement analytics, on the acquisition of Provalido Ltd, a UK-based procurement performance management company established in 2013.

Provalido’s cloud-based procurement performance software enables global enterprises to move beyond spreadsheets and transform the way they plan, manage, and report their procurement cost-reduction activity.

The acquisition strengthens Sievo’s position in the procurement performance management space and presence in the UK.