HomeFranceOnce For All to Acquire Nalanda Global

Once For All to Acquire Nalanda Global


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Once For All, a Paris, France-based company which specializes in supply chain compliance and sustainable sourcing solutions for the built environment, acquired Nalanda Global, a Madrid, Spain-based provider of a supply chain risk and compliance management software platform.

The amount of the deal was not disclosed. GTCR, a private equity firm, acquired Once For All in 2023 in partnership with Chief Executive David Hornsby. PSG Equity, a growth equity firm that partners with software and technology-enabled services companies, acquired a majority stake in Nalanda in 2021. As part of the transaction, which is expected to close in the coming weeks, the PSG funds will retain a minority stake in the combined business.

The acquisition will expand Once For All’s European presence and product suite.

Founded in 2000 by CEO Juan Gil Rabadan, Nalanda is a supplier risk and compliance management platform which leverages intelligent cloud software to help connect companies and suppliers using a digital platform that enables the exchange and verification of health and safety, due diligence, supplier validation, invoices, ESG and other business information, as well as providing solutions designed to ensure compliance with worker access, and working time. Nalanda, which operates in Spain, as well as in several European and Latin American countries, provides solutions that are used by large companies across a variety of engineering-related sectors including construction and facilities management. The company operates a network of over 1,000 contractors and 45,000 sub-contractors as of December 2023.

Led by CEO David Hornsby, Once For All specializes in supply chain risk management and sustainable sourcing solutions for the construction industry. The company helps its customers source and track sales opportunities, manage risk and compliance, and provide tools to increase efficiency in their supply chains. It has over 150,000 customers that use its single codebase SaaS solution to search, find and assess future business relationships based on skills, trades and ESG credentials. As a result, Once For All manages one of the largest proprietary ESG data sets in the world.

The company, which has over 400 employees, is the market leader in UK and France and has operations in Belgium and Germany.

Commenting on the news, David Hornsby said: “Nalanda is a well-established provider with a product suite that strategically complements our own, and we are enthusiastic about combining our strengths as we continue to grow Once For All across Europe. We are excited to welcome the Nalanda team to Once For All and we look forward to working together.”