Ardian to acquire PRGX Global for $195m.

Ardian, a private equity firm, agreed to acquire PRGX Global, a recovery audit and spend analytics services provider, for $195m. “The Ardian transaction delivers significant value for PRGX’s shareholders and marks the beginning of the next chapter of our journey with our clients. We look forward to partnering with the Ardian team to accelerate the launch and delivery of our vision of source-to-pay as fully technology-enabled, accelerating speed to value for clients globally,” Ron Stewart, PRGX President and CEO.