The Mercell group continue to grow in the post award market through the acquisition of Tricom

Mercell is the leading platform for public tenders in the Northern European market. In the past year, the Mercell group have made a number of acquisitions of other Nordic companies within this sector. Mercell’s core business is in the pre-award market. The company is now growing through acquisitions also within the post-award market, and will henceforth be able to offer its customers a complete service for the entire procurement process.

The latest addition to the Mercell group is the Danish Purchase-To-Pay (P2P) company Tricom. With its modern e-commerce solutions, Tricom is known for their good usability and functionality, and will be an important contribution to further growth for the group. The acquisition of Tricom is the sixth acquisition Mercell have made over the past year, and clearly confirms Mercell’s leading position in the market. 

–We are very pleased to have completed our sixth acquisition in a short time, and that the exciting and strong Danish company Tricom will thus become part of the Mercell group. This milestone expands our product and customer portfolio both within the public market and also the private Business-To-Business (B2B) purchasing market. Tricom has a solid position in Denmark, and has thousands of supplier companies from 27 countries as users of the solutions. The acquisition of Tricom thus brings us a solid step further towards our vision of becoming the preferred supplier of digital bidding and purchasing tools across Europe, by realising the full potential of a user-friendly and reliable marketplace. We warmly welcome our new colleagues and look forward to the Mercell Group’s continued growth and travel now with yet another quality company as part of our constantly evolving group, says Terje Wibe, CEO of Mercell Group

–Tricom has been on an exciting journey – from being a single area to a full cloud-based platform that covers the entire process after the delivery. We are known for our agile approach, our service-oriented organisation and our user-friendly products. We have grown organically over the years, and our goal has been to secure a solid foothold in the public and private sectors in Scandinavia. This journey is just beginning, and we now have the opportunity to scale our services and deliver our platform to new markets and customers who can take advantage of the benefits of a fully integrated pre- and post-award platform. We look forward to becoming part of the Mercell Group, says Simon Clemen Hare, CEO Tricom Aps (picture above).

Tricom continues as an independent company within the Mercell Group – to ensure continuity of services and terms for all existing Tricom customers. CEO Simon Clemen Hare and COO Thue Bøje Kjelstrøm, who started Tricom in 2011, continue in their roles after the acquisition.

 

About Mercell Group

Mercell Group are the leading supplier of digital bidding and procurement tools in the Northern European market. Mercell’s platform supports and simplifies the public procurement process and improves the interaction between purchasers and suppliers. With Europe as a market, the Mercell Group currently have 250 enthusiastic employees represented in 10 countries and headquartered in Oslo, Norway. More than 40,000 suppliers and purchasers across Northern Europe use the platform daily.

Mercell are supported by Viking Venture, one of the Nordic region’s leading investors specialized in B2B Software-As-A-Service (SaaS) technology companies.

 

About Tricom

Tricom was founded in 2011 building on novice ideas on how to optimize the collaboration between buyers and sellers within the P2P/post-award process. Tricom provides a user-friendly & cloud-based platform for handling procurement, contract, logistics, invoice-handling, analysis and optimization tools for hundreds of thousands of users within the public and private sector. The public sector covers all branches within municipalities, regions and government, and within the private sector Tricom secures trade in Denmark, Sweden, Norway and Finland for companies within the financial sector, retail, engineering, fitness and the catering industry. 

All of Tricom modules interact fluently with leading ERP solutions and are built to ensure enterprise support for larger organizations. Tricom handles trade transactions for around DKK 100 bn a year. Tricom has offices in Copenhagen and Malaga and employs 25 people.