Newsroom

Procurri Recognized on CRN’s 2018 Emerging Data Center Vendors List

Procurri has been named to CRN’s 2018 Emerging Vendors List in the Data Center category; the list recognizes up-and-coming technology suppliers who are shaping the future of the IT channel through unique technological innovations.

The Group has displayed a blazing track record since its inception in 2013, establishing 14 offices across the Americas, Europe and Asia-Pacific regions. Procurri serves over 3,100 clients globally, offering customers the leading advantage through its best-in-class IT lifecycle services and data centre equipment offerings.

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SGX-Listed Procurri Strengthens Management Bench with New Asia-Pacific Head

Procurri Corporation Limited announced the appointment of Mr Matthew Trial as its new Head of Asia-Pacific (APAC). In his new role as Head of APAC, Mr Trial will expand Procurri’s geographical coverage and customer base. Mr Sean Murphy, the Group’s Chairman and Global CEO said: “Matthew has a rare combination of skills with both operations and finance know-how. He is a great asset to the Group and will play a critical role as we look to continue to drive our growth in the APAC region.”

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Procurri Ranks 146 on CRN’S 2017 Fast Growth 150 List

Procurri LLC clinched the 146th spot on CRN’s Fast Growth 150 list, an annual ranking of North American solution providers in the IT channel with gross sales of at least $1 million and significant economic growth over the past two years. Since its incorporation in 2013 and listing on the Main Board of the SGX-ST, Procurri has exhibited its execution prowess and growth trajectory through five acquisitions and a joint venture across the US, the UK and Asia-Pacific in the last four years.

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Procurri Named in Gartner Report on Third-Party Maintenance Providers for Data Center

Procurri has been featured among 18 other companies in Gartner’s latest report on Third-Party Maintenance Providers for Data Centers. This adds on to earlier Gartner reports on Third-Party Maintenance for Storage, as well as IT Asset Disposition service providers, where Procurri was also identified as a Sample Vendor and a Representative Vendor respectively.

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Procurri Powers Ahead in the Lifecycle Services Segment Through Joint Venture with Congruity LLC, An Influential Player in the Data Centre Maintenance Services Industry

2nd post-listing acquisition and first in the U.S., Congruity’s leading position in the independent maintenance services space will complement and bolster Procurri’s fortified foothold in hardware offerings.

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Procurri Strengthens Its Lifecycle Services Segment With First Post-Listing Acquisition

Full acquisition of EAF Supply Chain Holdings Limited, which has a book value of £2.9 million, for £1.5 million. Acquisition aligns with Procurri’s plan to grow its higher-margin Lifecycle Services segment, and will further deepen Procurri UK’s strong presence.

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Procurri’s IPO Attracts Strong Institutional And Retail Investor Demand

68,880,000 New Shares 1.9 times subscribed. First non-REIT and first technology IPO on the Main Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”) in 2016. Shares expected to commence trading at 9.00 a.m. on 20 July 2016.

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Procurri, Leading Global Independent Provider of Data Centre Equipment & Lifecycle Services, Launches IPO on the Main Board of The SGX-ST at S$0.56

First non-REIT and first technology IPO on the Main Board of the SGX-ST in 2016. Strong financial growth – achieved CAGR of over 100% in both revenue and net profit from FY2013 to FY2015. Proceeds will be used for building M&A war chest, enhancing infrastructure and funding growth expansion plans, amonst others. Intends to recommend and distribute dividends of 25% of net profit after tax for FY2016 and FY2017.

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Procurri continues growth with expanded presence in Maryland & Chicago

Procurri, the leading global independent provider of data centre equipment and lifecycle services, announced today that the company has expanded operations in Maryland and Chicago. The new sales offices target to provide enhanced services to Procurri’s existing partners in the region, and to serve Value-added Resellers (VAR), Cloud and Managed Solution Providers (CSP/MSP), Data Centre Providers, as well as other major technology companies in the Mid-Atlantic states – including New York, New Jersey, Pennsylvania, Delaware, Maryland, Washington D.C., Virginia and West Virginia.

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Procurri’s Eligibility To List on Singapore Mainboard

Procurri Corporation is pleased to announce that we have received the eligibility-to-list on the Mainboard of the SGX-ST. Stay tuned for more news.

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Proposed Spin-Off and Listing of a Subsidiary, Procurri Corporation Pte. Ltd.

Procurri Corporation is pleased to announce that we are proposing to undertake a listing on the Mainboard of the Singapore Stock Exchange. Watch this space for more details.

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Procurri Inks Global EMC Distributor Agreement for HBA Products

Procurri today announced that it has signed a global distribution agreement with EMC Corporation. Through this global agreement, Procurri will distribute and market EMC’s Host Bus Adaptors (HBA) product line across 80 countries in Asia Pacific, Americas, Europe, Middle East and Africa regions, offering Value-Added Resellers (VARs), Managed Services Providers (MSPs) and hardware brokers the best-of-breed HBA products from Avago-Emulex, ATTO and Qlogic.

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Procurri Announces Expansion in Malaysia With New Office Space to Support Growth

Following our Global Expansion Strategy, Procurri is pleased to announce that we have relocated to a new office space in Petaling Jaya, Malaysia to accommodate our rapid growth and future expansion plans.

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Procurri – First to Represent APAC in SIA’s Board

Following our Global Expansion Strategy, Procurri is pleased to announce that we have relocated to a new office space in Petaling Jaya, Malaysia to accommodate our rapid growth and future expansion plans.

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Procurri Named to AJC’s List of Top Workplaces in Atlanta

Procurri Corporation, has been named by the Atlanta Journal-Constitution (AJC) as one of the Top 75 Small Workplaces (149 or fewer employees) in the Region.

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Procurri Launches Global Brand, Unveils New Brand Logo

Procurri, the global leading IT asset recovery and independent maintenance provider, today launched its global brand and unveiled a new brand identity inclusive of a new corporate logo and website worldwide.

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Acquisition of 100% interest in Verity Solutions Sdn Bhd; spin-off of Procurri Corporation Pte. Ltd by 2016

With the acquisition of a 100% stake in Malaysia-based Verity Solutions Sdn Bhd, and the longer term goals of unlocking value for shareholders and taking the business to the next level of growth, Procurri Corporation Pte. Ltd is targeting a spin-off of its business by the end of 2016.

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Acquisition of 51% interest in Tinglobal Holdings Ltd

Procurri Corporation Pte. Ltd has acquired a 51% stake in Tinglobal Holdings Ltd for a purchase consideration of £6.1 million to expand into the European market.

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Procurri Corporation Pte. Ltd acquires Procurri LLC

Procurri Corporation Pte. Ltd has acquired a 50.1% stake in US-based Procurri LLC to extend its presence into North America.

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