Tradeshift buys the IBX Platform from CapGemini

March 10, 2017  |  Merger, Acquisition, Funding

What started as a partnership with Tradeshift to complement the IBX platform and address the full source-to-pay needs of its Business Services clients, ended up in a acquisition. The new deal forms the foundation of a new long-term partnership between Capgemini and Tradeshift focusing on source-to-pay and supplier platform business.

  • The combination of Tradeshift and IBX should create a global business commerce platform connecting nearly 1.5 million businesses and more than 500 global enterprise customer.
  • Tradeshift’s business commerce platform is projected to see an increase in transacted value to more than half a trillion dollars over the next 12 months, which includes recent growth in China and other new markets.
  • The acquisition will immediately bolster the Tradeshift marketplace with the addition of over half a million suppliers and 27 million stock-keeping units (SKUs).

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