In conjunction with PlanetBids, Inc. ("PlanetBids")' acquisition by Houston-based private equity firm Capstreet, Carlsquare has been appointed as an exclusive financial advisor. As a leading provider of eProcurement software as a service (SaaS), PlanetBids offers eProcurement solutions to government, educational, nonprofit, and private organizations.
As a software company founded in 2000 by Alan and Arpie Zavian and headquartered in Studio City, CA, PlanetBids makes it possible for organizations to improve visibility, save time, and reduce their costs through the streamlining of their procurement processes through a fast and frictionless interface.. In addition, the Company offers the following flexible procurement platforms: PB System, which helps government, private, non-profit and educational procurement teams manage and streamline the procurement process, and VendorLine, which connects vendors and contractors with bid opportunities through an intelligent and easy-to-use notification and search platform.
In addition, the Company offers the following flexible procurement platforms: PB System, which helps government, private, non-profit and educational procurement teams manage and streamline the procurement process, and VendorLine, which connects vendors and contractors with bid opportunities through an intelligent and easy-to-use notification and search platform.
"Collaborating with the Carlsquare team during this transaction was crucial to the success of our transaction," said Mr. Zavian. "The team's ability to handle complex deal dynamics from project start to successful close was critical to the success of our deal."
In her words, Susan Blanco, Managing Partner of Carlsquare, said that the acquisition of PlanetBids by Capstreet is a landmark in the eProcurement and GovTech SaaS landscape. After spending so many years building PlanetBids into an industry leader, we are thrilled to be able to deliver an exceptional outcome to Alan and Arpie Zavian, the founding team of PlanetBids."
Here are a few things you need to know about PlanetBids:
A company called PlanetBids is an eProcurement company that offers a variety of software solutions to help government, private, nonprofit, and educational procurement teams in their day-to-day activities. It has been PlanetBids' mission to assist customers throughout the country in contacting suppliers, as well as providing them with greater control and visibility over their spend, as well as streamlining many traditional and time consuming procurement processes, since 2000.. Through a suite of powerful modules, it is able to offer a complete line of eProcurement solutions that are easy to use, configurable, reliable, and secure.. Visit the website by clicking here.Bids on Planetbids.For more information, please visit www.com
For more information, please visit www.com
Here are a few things you need to know about Carlsquare:
Carlsquare is the global technology investment bank for global minds. Carlsquare is an independent practice with more than 20 years of experience providing advice to companies on mergers and acquisitions, capital markets, and strategic planning. With more than 160 bankers located across eight countries, Carlsquare is uniquely positioned to provide unparalleled access to investors, private equity partners, and strategic buyers. For more information, please refer to www.carlsquare.com.
Carlsquare, LLC is the source of this information
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