Strattam Capital Invests in PurchasePlus, North American Chapter Begins
Strattam Capital completes majority investment in PurchasePlus, accelerating the platform's entry into the US market and its AI-driven product capabilities.
Frequently Asked Questions
What is the Strattam Capital investment in PurchasePlus?
Strattam Capital completed a majority investment in PurchasePlus on April 28, 2026. Strattam is a private equity firm with over $1 billion in AUM that invests in B2B software companies poised to become AI-forward vertical market leaders.
What is Strattam's Five-Point Plan?
The Five-Point Plan is Strattam Capital's structured alignment framework. Before completing any investment, Strattam and the management team align on five vectors: growth strategy, go-to-market approach, product roadmap, talent build-out, and the path to market leadership. For PurchasePlus, the plan centres on North American expansion, AI capability development, and supplier network growth.
Who is Malcolm Jull?
Malcolm Jull is the CEO of PurchasePlus. He is relocating to the United States to lead the North American expansion following the Strattam Capital investment.
What is PurchasePlus?
PurchasePlus is the mission-critical procure-to-pay platform for global hospitality. It automates purchasing, invoice processing, inventory management, and supplier connectivity for hotels and hospitality operators, processing 40 million invoices annually at 99% AI accuracy.
Where can I meet PurchasePlus?
PurchasePlus will be at Booth 3715, HITEC 2026, Henry B. Gonzalez Convention Center, San Antonio, Texas, June 15-18, 2026.