PipeChain acquires Quyntess

PipeChain, a cloud-based software provider specializing in collaborative planning and execution for the automotive and retail sectors, has acquired Quyntess Holding B.V., a Dutch supply chain software company, for €22 million ($24 million). This acquisition aims to bolster PipeChain’s presence in the Benelux region, Germany, France, and the United States, enhancing its service offering across diverse markets.

The combined entity is projected to generate approximately €22 million in sales, with an annual recurring revenue run rate of about €16 million. The acquisition is designed to enhance PipeChain's capabilities in end-to-end procure-to-pay processes, extending its digital solutions across both direct and indirect material flows. Quyntess brings modern technological infrastructure to the table, which is expected to significantly improve backend processes and widen functionality within PipeChain’s existing software suite. Enhancements will focus on customer collaboration, automation, and data-driven decision-making.

PipeChain's strategic pursuit of Quyntess aligns with its broader vision of becoming a leading platform for supply chain digitalization. By integrating Quyntess’s technological expertise, PipeChain aims to fortify its supply chain execution capabilities and achieve greater automation driven by artificial intelligence. According to PipeChain’s CEO, Hans Berggren, this move positions the company to transition customers from reactive to automated supply chain management, supported by expanded geographical coverage and more sophisticated data utilization.

In the context of the competitive supply chain software sector, PipeChain’s acquisition underscores a growing commitment to comprehensive digital transformation. As companies across industries increasingly seek out solutions for supply chain visibility and efficiency, the integration of Quyntess's capabilities is likely to intensify competition among software providers vying to address these needs. This acquisition solidifies PipeChain's intent to cater to evolving demands within complex global network environments.

The transaction was advised by DLA Piper for PipeChain, while Quyntess received guidance from Marktlink Mergers & Acquisitions and Fruytier Lawyers in Business. Closing conditions appear to hinge primarily on standard regulatory approvals, with the market anticipating further announcements on future product innovations and service integrations.