// Workers AI · dad joke modeWhat did ProcureAbility say to the supplier? "You're able to procure my heart.
| Industry | Procurement, Management Consulting, Staffing |
|---|---|
| Founded | 1996 |
| Founder | John Evans |
| Headquarters | Jacksonville, Florida |
Number of employees | 160 (2023) |
| Website | procureability |
ProcureAbility is a procurement consulting and services firm headquartered in Jacksonville, Florida.[1] Founded in 1996 as Denali, the company provides procurement advisory, managed services, digital transformation, and staffing and recruiting services to corporate clients.[1] Since November 2023, it has operated as a subsidiary of Jabil, a publicly traded manufacturing and supply chain services company.[2]
History
[edit]ProcureAbility was founded in 1996 in Jacksonville, Florida, by John Evans as a boutique firm focused on strategic sourcing and procurement improvement.[1][3] In 2014, the company released a series of procurement white papers, including The Procurement Technology Lifecycle and Building a Talent and Knowledge Management Program: The New Imperative for Procurement Organizations.[4]
In late 2022, the company underwent a leadership transition in which founder John Evans became chairman of the board while longtime executive Conrad Snover was named chief executive officer, with Darshan Deshmukh appointed president.[1]
Acquisition by Jabil
[edit]On November 1, 2023, ProcureAbility was acquired by Jabil (NYSE: JBL), a global manufacturing and supply chain services company, in a deal reported to be valued at approximately $60 million.[5][6] The acquisition resulted in adding ProcureAbility's advisory, technology, and managed-services capabilities to Jabil's procurement practice.[2] At the time of the acquisition, ProcureAbility had more than 160 employees.[2]
Following the deal, ProcureAbility continued to operate as an independent entity within Jabil's corporate structure.[2] At the time, Jabil reported net revenue of $34.7 billion for its 2023 fiscal year, which ended August 31, 2023, and described relationships with roughly 36,000 global suppliers and more than $29 billion in managed spend through its supply chain and procurement operations.[7][8]
ProcureAbility was ranked in the Inc. 5000 Fastest-Growing Private Companies for 2022 and 2023 and Consulting Magazine's fastest-growing firms list in 2020 and 2022.[9][1][10]
See also
[edit]References
[edit]- 1 2 3 4 5 Umbrex. "Profile of ProcureAbility". Independent Management Consultants. Retrieved 2026-07-30.
- 1 2 3 4 "Jabil acquires procurement consultancy ProcureAbility". www.consulting.us. 2023-11-09. Retrieved 2026-07-30.
- ↑ "Denali Group". Supply & Demand Chain Executive. 2013-05-28. Retrieved 2026-07-30.
- ↑ "Procurement Thought Leadership Opportunities for June 2014". PRLog. Retrieved 2026-07-30.
- ↑ IQ, S&P Capital (2023-11-01). "Jabil Inc. acquired ProcureAbility Inc. for approximately $60 million. | MarketScreener India". in.marketscreener.com. Retrieved 2026-07-30.
- ↑ "Business Acquisitions and Divestitures". www.sec.gov. Retrieved 2026-07-30.
- ↑ Straight, Brian. "Jabil Acquires ProcureAbility". New SCMR. Archived from the original on 2025-07-24. Retrieved 2026-07-30.
- ↑ "Jabil completed the acquisition of ProcureAbility Inc" (PDF).
- ↑ "2022 Winners: Consulting Fastest Growing Firms 2022". www.event.consultingmag.com. Retrieved 2026-07-30.
- ↑ "Check out ProcureAbility on Inc.com!". Inc.com. Archived from the original on 2020-12-04. Retrieved 2026-07-30.