Certify Grows International Presence with Captio Acquisition

Certify, an independent travel and expense management company, has acquired Captio, the leading T&E provider in Spain; terms are not being disclosed. The acquisition is Certify’s first outside North America and its most significant international foray to date. In particular, the deal creates an opportunity for Certify to offer its bevy of expense management products for large, midsize and SMB customers throughout Europe and specifically in France, Italy, Germany, Spain and Portugal, where Captio has a strong and a growing customer base. Certify now has over 10,000 customers in 90-plus countries.

Founded in 2012 by Joel Vicient, Dan Moser, Joaquim Segura and Lluís Claramonte, Captio has built an end-to-end cloud-based expense management platform with a robust mobile component and unique capabilities to handle local and country based taxation requirements. Vicient and Captio’s in-country managers will join Certify’s leadership team.

“This is an exciting day for Captio and its customers,” says Vicient. “For six years we’ve worked very hard to create a product that makes it easier for business travelers to record their expenses and for companies to manage those expenses and simplify reimbursement. We’re proud of the progress we’ve made and the success of our customers. Aligning with Certify will allow us to expand our product further, enhance support to existing customers, and find and connect with new customers. Far from the end of our journey, working with Certify will accelerate our plans to grow the business.”