Acquired by Accel-KKR
Industries Enterprise SoftwareInformation TechnologyProcurementSaaSSoftwareHeadquarters Regions Research Triangle, East Coast, Southern US Founded Date 1995 Founders Jim Bureau Operating Status Active Last Funding Type Private Equity Also Known As SciQuest.com
Stock Symbol NASDAQ:SQI Company Type For Profit
Contact Email info@sciquest.com Phone Number +1 (412) 471-8200
SciQuest provides software-as-a-service procurement automation and supplier enablement solutions. It offers Sourcing Manager, an on-demand bid management solution; Eprocurement online, a suite of procurement automation solutions; Materials Management solution that manages on-site stockroom inventory; and Settlement Manager, an invoicing and
settlement solution that automates and streamlines receiving, matching, and invoicing processes. The company also provides Spend Analytics, a spend management solution; supplier network and managed services; implementation services for procurement automation; and a Procurement Business Assessment service, which enables life sciences companies to measure, envision, and plan the roadmap for procurement operations. In addition, it offers HigherMarkets Express for Banner, a suite of eprocurement solution that enables schools to realize the benefits of a strategic approach to procurement while increasing the value of existing systems. The company serves education, healthcare, life sciences, and government organizations. SciQuest was formerly known as SciQuest.com and changed its name to SciQuest in 2001. The company was founded in 1995 and is based in Cary, North Carolina.
Transaction Name Jaggaer (SciQuest) acquired by Accel-KKRAcquired by Accel-KKRAnnounced Date May 31, 2016 Price $509M