Longtime digital technology solutions provider Kainos has acquired US-based Blackline Group. The latter is a Workday Strategic Sourcing partner specialising in procurement services, and marks Kainos’ sixth acquisition in the Workday ecosystem and the third in the Americas, after the acquisition of IntuitiveTEK and UNE Consulting. Financial details of the purchase were not disclosed.
Established in 2009, Blackline has helped some of the world's largest organisations transform more than $100 billion in total spend. With the acquisition, Kainos expands its presence in North America and Europe, not only by adding Blackline’s client base, but by onboarding the company’s 50 spend management and procurement consultants.
"We are delighted to announce the acquisition of Blackline Group. The procurement expertise of our new colleagues, paired with our deep experience with Workday, will allow us to expand the support that we can provide our existing customers, not just in North America, but across our global operations,” commented Kainos CEO Brendan Mooney. “We are always striving to achieve the best business outcomes for our customers and extending our capability to include procurement helps us to achieve this goal. At the same time, we are also excited by the new opportunities that combining the experience and expertise of the Kainos and Blackline teams will create for our business.”