IBX provides purchasing expertise, scalable on-demand software and managed services for sourcing and procurement that increase spend under management, generating bottom line results.

Europe's leading provider of efficient purchasing solutions

IBX delivers a complete set of services and solutions for efficient purchasing, providing support for the sourcing, procurement and payment processes. Our services and solutions couples the power, speed and agility of a state-of-the-art online purchasing solution with expert strategic knowledge, operational excellence and technical assistance.

IBX is Europe's leading provider of efficient purchasing solutions. IBX provides purchasing expertise, scalable on-demand software and managed services for sourcing and procurement that increase spend under management and improve compliance to generate bottom line results.

Through the years we've supported numerous large corporations such as Ericsson, Volvo Group, Deutsche Post, Skanska, Novo Nordisk, Lufthansa, SEB and many more in their efforts to make their purchasing more efficient.

Strong financial track record

IBX has been growing organically with more than 30% p.a. every year since 2001. Including the acquisitions done in 2005 and 2006, IBX has a Compound Annual Growth Rate of 37% (2001-2006). At the same time we have achieved positive cash flow and EBITDA since 2004.

The strong financial track record in combination with strong financial backing from the investment capital firm Investor gives IBX a solid future outlook.

  2001 2002 2003 2004 2005 2006 2007
Revenue 5,6 7,3 10,1 13,1 20,3 27,3 33,6
Growth 30% 38% 30% 55% 34% 24%
EBITDA -93% -84% 0% +7% +8% +9% +10%

Revenue is in mEuro.

 

IBX in brief
IBX is a pioneer in the field of e-purchasing, delivering measurable impact to client’s bottom line through its comprehensive Efficient Purchasing framework. IBX serves blue chip corporations globally through proven purchasing expertise, with a high value purchasing community and best of breed sourcing and procurement technology. The services and software solutions enable corporations to solve the most difficult sourcing and procurement challenges. IBX enables its customers to generate sustainable cost savings through better spend visibility, increased spend under management and savings analysis.
IBX has nine offices; Stockholm (hq), Copenhagen, Helsinki, Frankfurt, Milano, Paris, Antwerpen, Oslo and Oxford.
IBX was founded in 2000 and is owned by Ericsson, SEB, Novo Nordisk, b-business partners and founders.
Finance and management
IBX turnover 2007: 311 MSEK
EBITDA positive since April 2003
Chairman: Tuve Johannesson
CEO: Leif Bohlin 
IBX by the numbers
Performed purchasing transactions in 81 countries
Procurement volume in 2007:
1.9 million POs and 8.2 BEUR
Sourcing volume in 2007:
15,000 events and 17.0 BEUR
Employees: 240 FTE (end of 2008) at 9 offices
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