PipeChain acquires Quyntess Holding B.V.

PipeChain, a global provider of cloud-based Collaborative Planning & Execution software, announced the acquisition of Quyntess Holding B.V., a Dutch supply chain software company. This strategic move significantly expands PipeChain's geographic presence across the Benelux region, Germany, France, and the United States, and enhances its ability to support the entire procure-to-pay process. The combined entity is projected to achieve sales of approximately EUR 22 million, with an annual recurring revenue run rate of EUR 16 million. Quyntess Holding B.V.'s state-of-the-art technology will bring fundamental back-end enhancements and functional improvements to PipeChain's product portfolio, aiming to deliver increased customer value, AI-enabled automation, and higher levels of supply chain execution excellence. Hans Berggren, CEO & Co-founder of PipeChain, and Rob van Ipenburg, CEO of Quyntess Holding B.V., both expressed enthusiasm for the partnership, highlighting its role in accelerating innovation and scaling capabilities for their customers.