News
Digital Dimension acquires 90% of SynerTrade’s shares and thus enhances its digital transformation offerings
August 2015 by Marc Jacob
SynerTrade, rated by Gartner and Cap Gemini as one of the best and most comprehensive vendors of e-Procurement and expense analysis solutions worldwide, today announced that its shareholder structure has changed.
After nearly 15 years with the same strongly-committed shareholders, the Advisory Board decided on a change of control to fuel the company’s future growth towards a €50 million company. SynerTrade will thus be part of one of Europe’s largest and most innovative digital companies, Digital Dimension, a subsidiary of Econocom Group. SynerTrade’s Management sees this step as an important move to accelerate the company’s growth while leveraging significant synergies across Digital Dimension group.
Digital Dimension specialises in digital services based on a recurring business model. Its services cover mobile solutions, hosting services and SaaS business software applications and are available through its innovative marketplace. SynerTrade will then bring all its assets and expertise to this ambitious joint venture that seeks to develop large-scale global procurement projects. With SynerTrade, Digital Dimension will employ 490 professionals.
