Alantra advised Livingbridge on its minority investment in procurement specialist, Efficio
Alantra has advised Livingbridge on its minority investment in procurement specialist, Efficio.
Founded 15 years ago, Efficio works with clients across the world to help them achieve breakthrough results in their procurement functions. With revenues of over £30m, the firm achieves sustainable results for its clients by helping them to identify, deliver and sustain benefits in procurement. Efficio currently has around 250 employees based in offices in Europe and North America, as well as its London headquarters.
The company has evolved significantly over the last two years to offer a much broader spectrum of services than traditional procurement consulting – a long term managed services business, which now accounts for a third of revenues, and eFlow, a suite of best-in-class procurement technologies that help clients to manage and sustain benefits over the long term. To date it has undertaken projects across six continents in more than 30 countries.
Efficio has enjoyed double-digit growth year-on-year over the last 15 years. The investment by Livingbridge will help Efficio to accelerate its growth trajectory over the coming years while retaining the stability of its established leadership team. The growth plan involves three core components: further expansion of long term managed service revenues, continued build out of eFlow procurement technologies, and international expansion.