JEGI CLARITY has advised Spend Matters on their sale to Copley Equity Partners.
Spend Matters is a proprietary tech-enabled data platform that drives and optimizes the strategic technology procurement decisions across the global procurement, finance, and supply chain technology ecosystem. The company brings a unique data-driven approach to analyzing technology and solutions. The firm pioneered SolutionMap, a technology benchmarking methodology based equally on granular analyst technology assessments and customer reference inputs. In 2021, they launched TechMatch, the only SaaS application in the market that maps business requirements to technology vendor capability to drive accurate, data-based technology decision-making. TechMatch is used by Fortune 500 and Global 2000 firms, public sector organizations, and global consultancies to drive technology decision-making for procurement, accounts payable, contract management, and third-party management.
Partnering with Copley Equity Partners will provide the resources and expertise to help Spend Matters scale within procurement while expanding into adjacent technology markets. With this investment, Spend Matters will optimize and expand its offerings for private and public sector organizations, consultants, private equity and services/solution providers.
An Interview with Jason Busch, Founder & CEO, Spend Matters
From day one of our process, I knew we had chosen the right partner in JEGI CLARITY. Our initial consideration was focused on finding a banker that we knew could get the deal done with the right partner, with 100% certainty. And from start to finish, we never had any doubt that we made the right choice. But what impressed and surprised us most along the journey was how JEGI CLARITY became so much more than just a corporate finance advisor — they were expert at packaging our story as well as conveying a vision which was an even stronger crystallization of our strategy than we had developed in house. The firm is without question the preeminent investment bank in the technology and market intelligence industry, but equally, they are also experts at strategy and marketing. Our next chapter is already being shaped by what JEGI CLARITY taught us about the market and where the industry is headed.
Jason Busch, Founder & CEO, Spend Matters