The acquisition is aligned with Bidding Limited’s goal to expanding its market reach across all sectors, boosting its service offerings and enhancing its existing product portfolio. The companies have a combined track record of over £3 billion worth of successful bids and an 80% win rate.

Brendan Fatchett, group CEO of Leeds-based Bidding Limited, said: “We are thrilled to welcome AM Bid into the Bidding Limited family. This acquisition aligns perfectly with our growth strategy and strengthens our position as the leading choice for clients seeking exceptional bid management solutions.

“By combining the best talent and expanding our market presence, we are poised for significant growth and success.”

This acquisition builds on the integration of contract management software company ContractsWise in April, marking a crucial phase in Bidding Limited’s expansion strategy.

Leveraging the strengths of both companies, Bidding Limited aims to further enhance its bid subscription services as a group, providing clients with innovative ongoing bid management solutions and added value.

With a focus on improving procurement outcomes for both buyers and suppliers, the firm is developing digital tools to empower clients throughout the entire bidding and contract management process by streamlining operations and providing clients with efficient solutions to maximise their success.

Andrew Morrison, founder of AM Bid, said: “The acquisition of AM Bid by Bidding Limited presents an incredible opportunity for our team and clients.

“We are proud of the success we have achieved at AM Bid, and this acquisition opens new doors for growth and collaboration.

“Together, we will deliver exceptional outcomes and provide strength and depth in our bidding expertise to our clients.”