Like NVoicePay

announced 3/5/2019 via BusinessWire

FleetCor Technologies, Inc., will acquire NVoicePay

synopsis: FLEETCOR Technologies, Inc., a leading global provider of commercial payment solutions, announced that it has signed a definitive agreement to acquire Nvoicepay, Inc., a leader in full accounts payable automation for businesses.
buyer: FleetCor Technologies, Inc. (FLT:$2,433.49)
FLEETCOR Technologies is a leading global provider of commercial payment solutions. The Company helps businesses of all sizes better control, simplify and secure payment of their fuel, toll, lodging and general payables. "
target: NVoicePay
Nvoicepay delivers automated accounts payable solutions to over 400 business clients, providing a simple UI that allows customers to electronically pay all of their suppliers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/13/2019 via PR Newswire

Great Hill Partners LLC, will acquire VersaPay

synopsis: Great Hill Partners, a leading growth-oriented private equity firm, will acquire VersaPay Corporation, a Canadian Fintech company and provider of cloud-based invoice-to-cash solutions. VersaPay's solutions enable businesses to provide a superior customer experience, streamline financial operations, and reduce Days Sales Outstanding (DSO) and costs.
buyer: Great Hill Partners LLC
Great Hill Partners is a private equity firm targeting investments of $25 million to $500 million in high-growth companies across the consumer, digital infrastructure, financial technology, healthcare, and software sectors. "
target: VersaPay (TSXV:VPY:$5.88)
VersaPay is a Canadian Fintech company and leading provider of cloud-based invoice-to-cash solutions, enabling businesses to provide a superior customer experience, get paid faster, streamline financial operations, and dramatically reduce Days Sales Outstanding (DSO) and costs.
price ($mm)[EV]
$92 [$97]
rev ($mm)
$6
EBITDA ($mm)
EV / rev
17.1x
EV / EBITDA
closed 10/28/2019 via PR Newswire

BlueSnap, Inc., acquired Armatic

synopsis: BlueSnap, a global payments technology company, has acquired Armatic, a leader in accounts receivable and invoicing automation. Armatic offers solutions for accounts receivable, accounts payable, billing, and more. Their solutions help companies to accelerate Order-to-Cash cycles, streamline billing, and reduce operating expenses.
buyer: BlueSnap, Inc.
BlueSnap is a global payments technology company. BlueSnap provides an All-in-One Payment Platform designed to increase sales and reduce costs. Their platform supports online and mobile sales, marketplaces, subscriptions, invoice payments and manual orders through a virtual terminal. "
target: Armatic
Armatic is a leader in accounts receivable and invoicing automation. Armatic helps companies to accelerate Order-to-Cash cycles, streamline billing, reduce operating expenses and strengthen customer relationships. Armatic offers solutions for accounts receivable, accounts payable, billing, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/13/2019 via Company Press Release

Corcentric, LLC, acquired Netsend

synopsis: Corcentric, a fast-growing provider of procurement and financial process automation solutions, has acquired Netsend Ltd., a global provider of electronic billing, invoicing, and document distribution services. Netsend provides businesses with secure online access to their document distribution history.
buyer: Corcentric, LLC
Corcentric is a leading provider of procurement and finance solutions that transform how companies purchase, pay, and get paid. Corcentric's procurement, accounts payable, and accounts receivable solutions empower companies to spend smarter, optimize cash flow, and drive profitability. "
target: Netsend
Netsend is a global provider of electronic billing, invoicing, and document distribution services. Netsend provides businesses with secure online access to their document distribution history, facilitating ease of reporting, performance analysis and proof of delivery.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/5/2018 via GlobeNewswire

DiCentral Inc., purchased Compello GmbH from Compello

synopsis: DiCentral, a leading provider of business-to-business (B2B) supply chain integration and collaboration solutions, announced the recent acquisition of Compello GmbH (Compello Germany) and launch of DiCentral Europe. Compello specializes in the fields of EDI, e-invoicing and invoice approval.
buyer: DiCentral Inc.
DiCentral is a leading global provider of B2B supply chain collaboration and integration solutions that simplify and enhance business process integration and collaboration among trading partners. "
seller: Compello
Compello aims to become a Nordic leader in the fields of EDI, e-invoicing and invoice approval. Every day they strive to help organizations play well together. They do this by managing invoices, transactions and other messages in a safe, fast and secure way.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/10/2018 via Company Press Release

Visma ASA, acquired Számlázz.hu

synopsis: Visma, the largest software company in the Nordic region, has acquired Számlázz.hu, a Hungarian provider of cloud-based billing and invoicing services. Számlázz.hu's professional financial technology services enables their customers to save time and money while making their businesses more successful.
buyer parent: Kohlberg Kravis Roberts & Co.
buyer: Visma ASA
Based in Norway, Visma makes businesses more efficient, through offerings of software, commerce solutions, retail IT-solutions, and IT-related projects and consulting. Visma simplifies and digitalizes core business processes within the private and public sector. "
target: Számlázz.hu
Számlázz.hu is the number one FinTech company in the Hungarian online billing and invoicing software market. Számlázz.hu's professional financial technology services enables their customers to save time and money while making their businesses more successful.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/22/2018 via PR Web

OSG Billing Services, acquired Miria Systems

synopsis: OSG Billing Services (OSG), a leading provider of omnichannel billing and payment solutions, customer engagement and customer communication management, announced that it has completed the acquisition of Miria Systems, Inc., a leading provider of intelligent business process automation specializing in accounts payable, tax and expense management.
buyer parent: Aquiline Capital Partners
buyer: OSG Billing Services
OSG has been a leading outsourced provider of omnichannel billing and payment solutions, offering a full suite of integrated customer communications and engagement solutions that transform the way OSG’s clients reach their customers. "
target: Miria Systems
Miria, founded in 1996, is a leading provider of intelligent business process automation for financial transaction processes specializing in accounts payable and expenses. Miria has evolved from a document management solution into a best-in-class Cloud provider of intelligent business automation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/17/2018 via finextra.com

Palette Software AB, acquired Centsoft AB

synopsis: Palette Software, a Sweden-based company that provides market leading software for procure to pay, has acquired Centsoft, a Swedish SaaS invoice automation specialist company. Centsoft's platform is a powerful, modern system for managing invoices. The platform allows businesses to easily approve their invoices, import credit card invoices and more.
buyer: Palette Software AB
Palette Software is a Sweden-based company that provides market leading software for procure to pay. Their software solutions help automate transaction processing for invoices, contracts, purchase orders and expenses for over 3,500 clients worldwide. "
target: Centsoft AB
Centsoft is a Swedish SaaS invoice automation specialist company. Centsoft's platform is a powerful, modern system for managing invoices. The platform allows businesses to easily approve their invoices, import credit card invoices, compile and print multiple invoices, prevent duplicates, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/25/2018 via BNC Analysis

amoCRM, acquired Tranzaptor

synopsis: amoCRM, a simple, easy-to-use Sales Management System, has acquired Tranzaptor from Introvert, a Russian company that supports businesses in the digital transformation of their sales processes. Tranzaptor is a Russian company that offers an online billing and invoicing platform. The platform allows users to create and send bills to their customers.
buyer parent: 1C
buyer: amoCRM
amoCRM is a simple, easy-to-use Sales Management System designed to save time and money. It helps users manage leads and monitor your sales pipeline in only a few clicks. amoCRM’s cloud service contains information for every client, all active negotiations, current contracts and future deals. "
target parent: Introvert
target: Tranzaptor
Tranzaptor is a Russian company that offers an online billing and invoicing platform. The platform allows users to create and send bills and invoices to their customers. All sent bills and invoices can be easily tracked and managed on the user's Tranzaptor account.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/5/2017 via BNC Analysis

Marlin Equity Partners, acquired Medius

synopsis: Marlin Equity Partners® is pleased to announce that it has acquired Medius, a leading provider of cloud-based accounts payable automation software that allows organizations to automate their invoice management process and gain greater financial control and visibility into their spend.
buyer: Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $6.7 billion of capital under management that is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. "
target parent: Axel Johnson Holding AB
target: Medius
Medius is a leading provider of AP invoice automation solutions in the Cloud. The MediusFlow and Ascendo solutions automate and simplify the entire P2P process. The company has 2,000 customers worldwide processing 52 million invoices annually, with high density in retail, manufacturing and services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/26/2017 via BusinessWire

Natixis, acquired Dalenys

synopsis: Dalenys has been informed that Natixis, through its fully-owned subsidiary Natixis Belgique Investissements, has acquired 50.04% of Dalenys’ shares. Based in Belgium, Dalenys offers Payment Marketing solutions that aim to increase revenues for online and point-of-sale merchants.
buyer parent: Groupe BPCE
buyer: Natixis (ENXTPA:KN:$11,403.27)
Natixis is the international corporate, investment, insurance and financial services arm of Groupe BPCE, the second-largest banking group in France. Natixis is organized into three business lines: Corporate & Investment Banking, Investment Solutions & Insurance, and Specialized Financial Services. "
target: Dalenys (ENXTBR:NYS:$77.27)
Based in Belgium, Dalenys offers Payment Marketing solutions that aim to increase revenues for online and point-of-sale merchants. Dalenys offers solutions that integrate transactional and marketing data to increase the conversion of the customers during their purchasing path.
price ($mm)[EV]
$90 [$64]*
rev ($mm)
$74
EBITDA ($mm)
EV / rev
2.7x
EV / EBITDA
closed 12/6/2016 via Company Press Release

Credit Tools merged with OnGuard International Holding BV,

synopsis: OnGuard and Credit Tools are combining forces and are announcing a merger. OnGuard develops software with which companies can integrate and structure their accounts receivables, while Credit Tools has been developing and implementing credit management software for over 15 years.
buyer parent: Main Capital Partners BV
buyer: OnGuard International Holding BV
OnGuard develops software with which companies can integrate and structure their accounts receivables, from credit and collections management to complaints management and cash allocation. "
target: Credit Tools
Credit Tools has been developing and implementing credit management software for over 15 years. It has expanded into a leading innovative solution provider in the field of debtor management, collections, credit monitoring and management and the automatic processing of payments.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/11/2016 via BusinessWire

Corcentric, acquired InfoAccess.net

synopsis: Corcentric Collective Business Systems, Inc., a provider of cloud-based financial process automation solutions, announced it has acquired substantially all of the assets of InfoAccess.net, a provider of cloud-based e-invoicing services headquartered in Cleveland, Ohio.
buyer parent: AmeriQuest Business Services, Inc.
buyer: Corcentric
Corcentric, a wholly-owned subsidiary of AmeriQuest Business Services, Inc., provides cloud-based financial process automation solutions that have revolutionized how the world’s largest organizations manage and protect their financial assets. "
target: InfoAccess.net
InfoAccess.net, founded in 1999 has more than 16,000 customers in more than 50 countries and helps buyers and sellers exchange critical purchase orders and invoices in any electronic format, reducing error, paper processes, and costs for more accurate payments and reconciliation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/13/2016 via Company Press Release

DIMO Software, acquired CashOnTime

synopsis: DIMO Software is pleased to announce the acquisition of the CashOnTime solution. CashOnTime is a state of the art automated accounts receivable management solution created to help generate additional cashflow while increasing the efficiency of the collections department in small and large businesses.
buyer: DIMO Software
DIMO Software provides its customers with the best software innovations so that they can concentrate on their business. DIMO Software operates in eight areas: CRM, Business Analytics, Dematerialization and Processes, HR Management, Tax Management, Maintenance, Finance, Travel and business expenses. "
target: CashOnTime
CashOnTime is a state of the art automated accounts receivable management solution created to help generate additional cashflow while increasing the efficiency of the collections department in small and large businesses.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/8/2016 via Company Press Release

Sovos Compliance, will acquire Invoiceware International

synopsis: Sovos Compliance, a global leader in tax and business-to-government compliance software, announced that it plans to acquire Invoiceware International, the leader in Latin America electronic invoicing. The company provides solutions and services that reduce the risk and cost of maintaining compliance for the world’s largest companies.
buyer parent: HgCapital
buyer: Sovos Compliance
Sovos delivers technologies to empower businesses to succeed as they navigate the challenges of global compliance. They enable over 4,500 clients to operate with the confidence to thrive in today’s dynamic regulatory environment. "
target: Invoiceware International
Invoiceware International, the leader in Latin America electronic invoicing, provides solutions and services that reduce the risk and cost of maintaining compliance across the region for the world’s largest companies including The Coca-Cola Company, Intermec, Kellogg, DuPont, and Siemens.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/23/2015 via BNC Analysis

Salesforce.com, Inc., will acquire SteelBrick

synopsis: Salesforce.com, provider of enterprise cloud computing solutions, said it would acquire sales software startup SteelBrick. SteelBrick is the fastest-growing provider of CPQ (configure price quote) cloud applications. It provides Next Generation Quote-to-Cash apps that are fast and easy to deploy.
buyer: Salesforce.com, Inc. (CRM:$15,850.00)
Salesforce.com, Inc., the Customer Success Platform and world's #1 CRM company, empowers companies to connect with their customers in a whole new way. Their Salesforce Service Cloud customer service app empowers enterprises to deliver amazing customer service experiences anywhere and on any device. "
target: SteelBrick
SteelBrick is the fastest-growing provider of CPQ (configure price quote) cloud applications. SteelBrick provides Next Generation Quote-to-Cash apps that are fast and easy to deploy.
price ($mm)[EV]
$360 [$300]
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/8/2015 via GlobeNewswire

Aptean, acquired Computron Software LLC

synopsis: Aptean, a leading provider of industry-focused mission critical enterprise software solutions, announced the acquisition of Computron Software, LLC, a leading supplier of accounting and finance enterprise resource planning software to mid-market and multi-national organizations.
buyer parent: Vista Equity Partners
buyer: Aptean
Aptean is a provider of industry-focused mission critical enterprise software solutions. They build and acquire solutions to support the evolving operational needs of their customers. Their solutions help nearly 5,000 organizations by satisfying their customers and continuing to operate efficiently."
target parent: Parallax Capital Partners LLC
target: Computron Software LLC
Computron Software, LLC provides enterprise financial management software and e-business solutions for companies worldwide. It offers accounts payable, accounts receivable, credit management portal, expense cycle management, fixed assets, journal cycle management, and procurement portal solutions
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/19/2015 via Market Wire

Enghouse Systems Limited, will acquire CTI Group

synopsis: Enghouse Systems Limited and CTI Group (Holdings) Inc. jointly announced that they have entered into a definitive agreement pursuant to which Enghouse will acquire CTI. The company is an international provider of electronic invoice processing and management, enterprise communications management software and more.
buyer: Enghouse Systems Limited (TSX:ENGH:$296.51)
Enghouse Systems Limited is a leading global provider of enterprise software solutions serving a variety of vertical markets. Its strategy is to build a larger and more diverse enterprise software company through strategic acquisitions and managed growth within its business segments. "
target: CTI Group (OTCPK:CTIG:$18.06)
CTI Group (Holdings) Inc. is an international provider of electronic invoice processing and management, enterprise communications management software and services solutions, and carrier class voice over internet protocol (VoIP) management applications.
price ($mm)[EV]
$23 [$18]
rev ($mm)
$18
EBITDA ($mm)
$2
EV / rev
1.1x
EV / EBITDA
8.1x
closed 9/9/2015 via Company Press Release

SteelBrick, acquired Invoice IT

synopsis: SteelBrick, the fastest-growing provider of CPQ (configure price quote) cloud applications, announced the acquisition of Invoice IT, a leading provider of cloud software for subscription billing, revenue scheduling, and payment collection.
buyer: SteelBrick
SteelBrick is the fastest-growing provider of CPQ (configure price quote) cloud applications. SteelBrick provides Next Generation Quote-to-Cash apps that are fast and easy to deploy. "
target: Invoice IT
Invoice IT is a leading provider of cloud software for subscription billing, revenue scheduling, and payment collection. They help automate invoicing, generate invoices in bulk, configure and schedule multiple billing cycles, and automatically reconcile invoices.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/6/2015 via BNC Analysis

Coupa Software, acquired InvoiceSmash

synopsis: Coupa Software, the world’s leading provider of cloud-based spend management solutions, announced the acquisition of Australian-based InvoiceSmash, a cloud innovator pushing the technology boundaries of accounts payable and e-invoicing solutions.
buyer: Coupa Software (COUP:$353.18)
Coupa's suite of cloud applications amplify companies spending power and reduce costs. Coupa provides cloud applications for finance, including procurement, expense management and accounts payable that enables customers realize significant savings. "
target: InvoiceSmash
InvoiceSmash is a cloud innovator pushing the technology boundaries of accounts payable and e-invoicing solutions. InvoiceSmash provides accounts payable invoice automation powered by cloud software.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/5/2019 via BusinessWire

FleetCor Technologies, Inc., will acquire NVoicePay

synopsis: FLEETCOR Technologies, Inc., a leading global provider of commercial payment solutions, announced that it has signed a definitive agreement to acquire Nvoicepay, Inc., a leader in full accounts payable automation for businesses.
buyer: FleetCor Technologies, Inc. (FLT:$2,433.49)
FLEETCOR Technologies is a leading global provider of commercial payment solutions. The Company helps businesses of all sizes better control, simplify and secure payment of their fuel, toll, lodging and general payables. "
target: NVoicePay
Nvoicepay delivers automated accounts payable solutions to over 400 business clients, providing a simple UI that allows customers to electronically pay all of their suppliers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/17/2019 via GlobeNewswire

Michelin, acquired Masternaut Limited

synopsis: Michelin has acquired the entire share capital of Masternaut, one of the largest European telematics providers. Masternaut operates primarily in France and the United Kingdom. It provides a technical platform equipped with the latest technology and offers on-board telematics solutions to optimize vehicle fleet management and monitoring.
buyer: Michelin (ENXTPA:ML:$25,747.25)
Michelin, headquartered in France, is dedicated to enhancing its clients' mobility, sustainably; designing and distributing the most suitable tires, services and solutions; providing digital services, maps and guides ; and developing high-technology materials that serve the mobility industry. "
target parent: FleetCor Technologies, Inc.
target: Masternaut Limited
London-based Masternaut is one of the longest standing vehicle tracking companies in the UK. Masternaut provides a technical platform equipped with the latest technology and offers on-board telematics solutions to optimize vehicle fleet management and monitoring.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/17/2019 via BNC Analysis

Keyfuels, acquired r2c Online Limited

synopsis: Fuel card provider Keyfuels has announced that it has completed the acquisition of r2c Online Ltd, the fleet, compliance and workshop management software provider. r2c Online’s software platform currently connects 23,000 fleets and 1,000 workshops for best practice vehicle compliance and maintenance.
buyer parent: FleetCor Technologies, Inc.
buyer: Keyfuels
Keyfuels is the leading provider of fuel cards and fuel management solutions to commercial vehicle operators, managing billions of litres of diesel for some of Europe’s largest logistics and freight operators. Keyfuels is also supported by 25 resellers. "
target: r2c Online Limited
r2c Online Ltd is a fleet, compliance and workshop management software provider. r2c Online’s software platform currently connects 23,000 fleets and 1,000 workshops for best practice vehicle compliance and maintenance.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/5/2019 via BusinessWire

FleetCor Technologies, Inc., will acquire NVoicePay

synopsis: FLEETCOR Technologies, Inc., a leading global provider of commercial payment solutions, announced that it has signed a definitive agreement to acquire Nvoicepay, Inc., a leader in full accounts payable automation for businesses.
buyer: FleetCor Technologies, Inc. (FLT:$2,433.49)
FLEETCOR Technologies is a leading global provider of commercial payment solutions. The Company helps businesses of all sizes better control, simplify and secure payment of their fuel, toll, lodging and general payables. "
target: NVoicePay
Nvoicepay delivers automated accounts payable solutions to over 400 business clients, providing a simple UI that allows customers to electronically pay all of their suppliers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/20/2019 via Company Press Release

Stored Value Solutions, acquired Buyatab Online Inc

synopsis: Stored Value Solutions (SVS), a leader in gift card processing and program management, announced that it has completed the acquisition of Buyatab, a leading international provider of online gift card solutions. 
buyer parent: FleetCor Technologies, Inc.
buyer: Stored Value Solutions
As a leading prepaid provider, Stored Value Solutions ("SVS") manages more than 700 hundred million card products and processes over 1.5 billion transactions annually. SVS partners with top retailers to offer stored value solutions and effectively drive behaviors that will lead to business success. "
target: Buyatab Online Inc
Buyatab is a leading supplier of advanced online gift card infrastructure, technology and marketing services for leading brands. Buyatab provides online gift card services to clients in a wide variety of sectors, including retail, hospitality, restaurant, online shopping, hotel and others.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/14/2017 via PR Newswire

Michelin North America, will acquire NexTraq

synopsis: Michelin announced that it has agreed to acquire NexTraq, a U.S. provider of commercial fleet telematics, in an all-cash transaction. Based in the Atlanta area, NexTraq is a subsidiary of FLEETCOR Technologies, Inc., a leading global provider of fuel cards and workforce payment products.
buyer parent: Michelin
buyer: Michelin North America
Headquartered in Greenville, S.C.,Michelin North America employs about 22,700 and operates 19 major manufacturing plants. It manufactures and sells tires for airplanes, automobiles, farm equipment, heavy duty trucks, motorcycles, and bicycles. "
target parent: FleetCor Technologies, Inc.
target: NexTraq
NexTraq is a U.S. provider of commercial fleet telematics. NexTraq provides solutions for driver safety, fuel management and enhancing fleet productivity. Since its inception in 2000, NexTraq has become a leading provider of GPS fleet management solutions for fleets of small commercial vehicles.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/9/2017 via BusinessWire

FleetCor Technologies, Inc., acquired Cambridge Global Payments

synopsis: FLEETCOR Technologies, Inc., a leading global provider of commercial payment solutions, has closed its acquisition of Cambridge Global Payments, a leading B2B international payments provider. As a trusted partner for close to 25 years, Cambridge delivers innovative solutions designed to address the unique international payment needs of businesses.
buyer: FleetCor Technologies, Inc. (FLT:$2,433.49)
FleetCor is a leading global provider of fuel cards and workforce payment products to businesses. FleetCor's payment programs enable businesses to better control employee spending and provide card-accepting merchants with a high volume customer base that can increase their sales & customer loyalty. "
target: Cambridge Global Payments
Cambridge Global Payments is a leading provider of integrated B2B cross-border payment services. As a trusted partner for close to 25 years, Cambridge delivers innovative solutions designed to address the unique international payment needs of businesses.
price ($mm)
$675
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/17/2014 via BusinessWire

FleetCor Technologies, Inc., acquired Comdata Corporation

synopsis: FleetCor Technologies, Inc., a leading global provider of fuel cards and workforce payment products to businesses, announced that it has acquired Comdata Inc, a leading business-to-business provider of innovative electronic payment solutions, from Ceridian LLC.
buyer: FleetCor Technologies, Inc. (FLT:$2,433.49)
FleetCor is a leading global provider of fuel cards and workforce payment products to businesses. FleetCor's payment programs enable businesses to better manage and control employee spending and provide card-accepting merchants with a high volume customer base that can increase their sales. "
target parent: Thomas H. Lee Partners, L.P.
target: Comdata Corporation
Comdata is a leading business-to-business provider of innovative electronic payment solutions. As an issuer and a processor, Comdata provides fleet, and corporate payment solutions to over 20,000 customers. In 2013, Comdata managed over 62 million cards and processed over 1.4 billion transactions.
price ($mm)
$3,058
rev ($mm)
$581
EBITDA ($mm)
EV / rev
5.8x
EV / EBITDA
announced 6/4/2014 via BusinessWire

FleetCor Technologies, Inc., Summit Partners, will acquire Masternaut Limited

synopsis: Summit Partners announced a joint venture with FleetCor Technologies, Inc. to acquire Masternaut Group Holdings Limited, Europe’s largest provider of telematics solutions to commercial fleets. Masternaut provides a SaaS-based Mobile Resource Management application suite to help companiesachieve greater operational efficiencies.
buyer: Summit Partners
buyer: FleetCor Technologies, Inc. (FLT:$2,433.49)
Summit Partners is a growth equity firm that invests in rapidly growing companies. Summit Partners seeks outstanding management teams that have built their companies to profitability and market leadership, and provides capital for growth, recapitalizations and management buyouts. "
target parent: Francisco Partners Management LLC
target: Masternaut Limited
Masternaut provides a SaaS-based Mobile Resource Management application suite for businesses of all sizes to help them achieve greater operational efficiencies through a lowering of vehicle fuel consumption, effective tracking of assets, and productivity increases in workforce.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/30/2013 via Company Press Release

FleetCor Technologies, Inc., acquired epyx Limited

synopsis: FleetCor Technologies, Inc. announced that it has acquired Epyx, a leading provider to the fleet maintenance, service and repair marketplace, from HgCapital and management. Epyx provides an internet based system and a vehicle repair network of approximately 9,000 service garages to fleet operators in the UK.
buyer: FleetCor Technologies, Inc. (FLT:$2,433.49)
FleetCor Technologies, Inc., The Global Fleet Card Company, is a global provider of fuel cards and specialized payment services to businesses. FleetCor, with operations in North America, Latin America and Europe, serves commercial accounts across the globe. "
target parent: HgCapital
target: epyx Limited
epyx Limited specialises in new technology for the automotive arena. Its flagship products operate under the 1link brand for the creation, development and provision of a range of technology platforms enabling electronic trading within the automotive sector.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/30/2013 via BusinessWire

FleetCor Technologies, Inc., acquired NexTraq

synopsis: FleetCor Technologies, Inc., a leading global provider of fuel cards and workforce payment products to businesses, announced that it has acquired NexTraq, a US based provider of telematics solutions to small and medium-sized businesses.
buyer: FleetCor Technologies, Inc. (FLT:$2,433.49)
FleetCor Technologies, Inc., The Global Fleet Card Company, is a global provider of fuel cards and specialized payment services to businesses. FleetCor, with operations in North America, Latin America and Europe, serves commercial accounts across the globe. "
target parent: Francisco Partners Management LLC
target: NexTraq
NexTraq, Inc. provides GPS fleet tracking and vehicle management solutions for the telematics industry in the United States. The company offers Fleet Tracking platform, a cloud-based application that enables service and distribution businesses to optimize fleet operations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/10/2013 via Market Watch

FleetCor Technologies, Inc., will acquire DB Trans S.A.

synopsis: FleetCor Technologies, Inc., a leading global provider of fuel cards and workforce payment products to businesses, announced that it had entered into an agreement to acquire DB Trans S.A., a leading provider of payment solutions for independent truckers in Brazil.
buyer: FleetCor Technologies, Inc. (FLT:$2,433.49)
FleetCor Technologies, Inc., The Global Fleet Card Company, is a global provider of fuel cards and specialized payment services to businesses. FleetCor, with operations in North America, Latin America and Europe, serves commercial accounts across the globe. "
target: DB Trans S.A.
DB Trans S.A. provides payment solutions for independent truckers in Brazil. It provides prepaid toll, fuel, and payroll card programs for transportation companies. The company is based in Brazil.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/11/2012 via BusinessWire

FleetCor Technologies, Inc., acquired CTF Technologies Inc.

synopsis: FleetCor Technologies, Inc., a global leader in providing fuel card and workforce payment products to businesses, announced that it successfully completed its previously announced acquisition of CTF Technologies, Inc. CTF provides fuel payment processing services for over-the-road fleets, ships, mining equipment, and railroads in Brazil.
buyer: FleetCor Technologies, Inc. (FLT:$2,433.49)
FleetCor Technologies, Inc., The Global Fleet Card Company, is a global provider of fuel cards and specialized payment services to businesses. FleetCor, with operations in North America, Latin America and Europe, serves commercial accounts across the globe. "
target: CTF Technologies Inc.
CTF provides fuel payment processing services for over-the-road fleets, ships, mining equipment, and railroads in Brazil. CTF’s payment platform links together fleet operators, two of the largest Brazilian banks, Bradesco and Itau, and the two largest Brazilian oil companies, Petrobras and Ipiranga.
price ($mm)[EV]
$153 [$166]
rev ($mm)
$63
EBITDA ($mm)
$18
EV / rev
3.1x
EV / EBITDA
11.0x
announced 3/12/2012 via BusinessWire

FleetCor Technologies, Inc., will purchase Tebca and Servitebca from NovoPayment, Inc.

synopsis: FleetCor Technologies, Inc., a global provider of fuel cards and specialized payment services to businesses, announced that it has signed definitive agreements to acquire the Mexican assets of NovoPayment’s subsidiaries Tebca and Servitebca.
buyer: FleetCor Technologies, Inc. (FLT:$2,433.49)
FleetCor Technologies, Inc., The Global Fleet Card Company, is a global provider of fuel cards and specialized payment services to businesses. FleetCor, with operations in North America, Latin America and Europe, serves commercial accounts across the globe. "
seller: NovoPayment, Inc.
NovoPayment, Inc.is Latin America’s leading prepaid card service provider and program manager. The company is the region’s first non-financial institution to be granted a Principal Member license by MasterCard Worldwide for the issuance of branded prepaid cards.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/1/2014 via BusinessWire

WEX Inc., acquired Esso Card

synopsis: WEX Inc., a leading provider of corporate payment solutions, announced that it has acquired the assets of ExxonMobil’s European commercial fuel card (“Esso Card”) program through a majority owned joint venture, WEX Europe Services Limited.
buyer: WEX Inc. (WEX:$1,664.84)
WEX Inc. is a leading provider of corporate payment solutions. WEX has expanded the scope of its business into a multi-channel provider of corporate payment solutions representing more than 8 million cardholders and offering exceptional payment security and control across many business sectors. "
target parent: Exxon Mobil Corporation
target: Esso Card
Esso Card is the essential tool to help businesses manage vehicles, whether they have trucks, buses, coaches, vans or cars. Esso Card is cost-effective and flexible, and can reduce administration time and costs, giving businesses the freedom to focus on other priorities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/11/2012 via BusinessWire

FleetCor Technologies, Inc., acquired CTF Technologies Inc.

synopsis: FleetCor Technologies, Inc., a global leader in providing fuel card and workforce payment products to businesses, announced that it successfully completed its previously announced acquisition of CTF Technologies, Inc. CTF provides fuel payment processing services for over-the-road fleets, ships, mining equipment, and railroads in Brazil.
buyer: FleetCor Technologies, Inc. (FLT:$2,433.49)
FleetCor Technologies, Inc., The Global Fleet Card Company, is a global provider of fuel cards and specialized payment services to businesses. FleetCor, with operations in North America, Latin America and Europe, serves commercial accounts across the globe. "
target: CTF Technologies Inc.
CTF provides fuel payment processing services for over-the-road fleets, ships, mining equipment, and railroads in Brazil. CTF’s payment platform links together fleet operators, two of the largest Brazilian banks, Bradesco and Itau, and the two largest Brazilian oil companies, Petrobras and Ipiranga.
price ($mm)[EV]
$153 [$166]
rev ($mm)
$63
EBITDA ($mm)
$18
EV / rev
3.1x
EV / EBITDA
11.0x
announced 9/10/2013 via Market Watch

FleetCor Technologies, Inc., will acquire DB Trans S.A.

synopsis: FleetCor Technologies, Inc., a leading global provider of fuel cards and workforce payment products to businesses, announced that it had entered into an agreement to acquire DB Trans S.A., a leading provider of payment solutions for independent truckers in Brazil.
buyer: FleetCor Technologies, Inc. (FLT:$2,433.49)
FleetCor Technologies, Inc., The Global Fleet Card Company, is a global provider of fuel cards and specialized payment services to businesses. FleetCor, with operations in North America, Latin America and Europe, serves commercial accounts across the globe. "
target: DB Trans S.A.
DB Trans S.A. provides payment solutions for independent truckers in Brazil. It provides prepaid toll, fuel, and payroll card programs for transportation companies. The company is based in Brazil.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/1/2016 via BusinessWire

WEX Inc., acquired Electronic Funds Source

synopsis: WEX Inc. , a leading provider of corporate payment solutions, completed its previously announced acquisition of Electronic Funds Source LLC (“EFS”), a provider of customized corporate payment solutions for fleet and corporate customers with a focus on the large and mid-sized over-the-road (“OTR”) fleet segments.
buyer: WEX Inc. (WEX:$1,664.84)
WEX Inc. is a leading provider of corporate payment solutions. WEX has expanded the scope of its business into a multi-channel provider of corporate payment solutions representing 9 million vehicles and offering exceptional payment security and control across a wide spectrum of business sectors "
target parent: Warburg Pincus
target: Electronic Funds Source
Electronic Funds Source LLC (“EFS”) is a provider of customized corporate payment solutions for fleet and corporate customers with a focus on the large and mid-sized over-the-road (“OTR”) fleet segments.
price ($mm)
$1,470
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/17/2014 via BusinessWire

FleetCor Technologies, Inc., acquired Comdata Corporation

synopsis: FleetCor Technologies, Inc., a leading global provider of fuel cards and workforce payment products to businesses, announced that it has acquired Comdata Inc, a leading business-to-business provider of innovative electronic payment solutions, from Ceridian LLC.
buyer: FleetCor Technologies, Inc. (FLT:$2,433.49)
FleetCor is a leading global provider of fuel cards and workforce payment products to businesses. FleetCor's payment programs enable businesses to better manage and control employee spending and provide card-accepting merchants with a high volume customer base that can increase their sales. "
target parent: Thomas H. Lee Partners, L.P.
target: Comdata Corporation
Comdata is a leading business-to-business provider of innovative electronic payment solutions. As an issuer and a processor, Comdata provides fleet, and corporate payment solutions to over 20,000 customers. In 2013, Comdata managed over 62 million cards and processed over 1.4 billion transactions.
price ($mm)
$3,058
rev ($mm)
$581
EBITDA ($mm)
EV / rev
5.8x
EV / EBITDA
closed 4/16/2014 via PR Newswire

Warburg Pincus, acquired Electronic Funds Source

synopsis: Warburg Pincus, a leading global private equity firm focused on growth investing, announced it has entered into a definitive agreement whereby one of its affiliates will acquire 100% of Electronic Funds Source LLC, a leader in innovative corporate payments solutions.
buyer: Warburg Pincus
Warburg Pincus is a leading global private equity firm. The firm has more than $30 billion in assets under management. Its active portfolio of more than 125 companies is highly diversified by stage, sector and geography. "
target: Electronic Funds Source
Electronic Funds Source LLC is a leading provider of innovative and customized corporate payment technology solutions designed specifically to help its customers drive efficiencies and improve bottom line performance.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/16/2018 via BusinessWire

TNS, Inc., will acquire ADVAM

synopsis: Transaction Network Services (TNS) announced it has agreed to acquire ADVAM, one of the world’s leading providers of unattended payments and eCommerce solutions to the parking, airport, shopping center, government and self-service sectors. ADVAM is based in Australia.
buyer parent: Siris Capital Group
buyer: TNS, Inc. (TNS:$474.82)
Transaction Network Services (TNS) is a leading global provider of data communications and interoperability solutions. Their global network and innovative value-added services enable transactions and the exchange of information to many of the world’s leading companies. "
target: ADVAM
Headquartered in Adelaide, Australia, ADVAM is one of the world’s leading providers of unattended payments and eCommerce solutions to the parking, airport, shopping center, government and self-service sectors. ADVAM processes millions of transactions and reservations daily in over 20 countries.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/17/2012 via Reuters

Electronic Funds Source, will acquire T-Chek Systems, Inc.

synopsis: C.H. Robinson Worldwide announced it would sell its payment processing business unit, T-Chek, to privately held peer Electronic Funds Source LLC for $302.5 million. T-Chek is a business-to-business provider of intelligent payment processing and spend management services.
buyer: Electronic Funds Source
Electronic Funds Source, LLC. has been providing payment services to the transportation industry for 30 years. EFS is focused on improving the transportation industry by developing new technology that will deliver smarter, more flexible and custom payment solutions. "
target parent: C.H. Robinson Worldwide, Inc.
target: T-Chek Systems, Inc.
T-Chek Systems, Inc. is a business-to-business provider of intelligent payment processing and spend management services. Their core competency is transaction management through flexible automated systems.
price ($mm)
$303
rev ($mm)
$49
EBITDA ($mm)
EV / rev
6.1x
EV / EBITDA

Like NVoicePay


read more

NVoicePay

VersaPay

Armatic

Netsend

Compello

Számlázz.hu

Miria Systems

Centsoft AB

Tranzaptor

Medius

Dalenys

Credit Tools

InfoAccess.net

CashOnTime

Invoiceware International

SteelBrick

Computron Software LLC

CTI Group

Invoice IT

InvoiceSmash

read more

NVoicePay

read more

Masternaut Limited

r2c Online Limited

NVoicePay

Buyatab Online Inc

NexTraq

Cambridge Global Payments

Comdata Corporation

Masternaut Limited

epyx Limited

NexTraq

DB Trans S.A.

CTF Technologies Inc.

NovoPayment, Inc.

read more

Esso Card

CTF Technologies Inc.

DB Trans S.A.

Electronic Funds Source

Comdata Corporation

Electronic Funds Source

ADVAM

T-Chek Systems, Inc.

Geography
Matching Companies
Ticker: TSXV:VPY
 
 
 
 
 
 
 
 
VersaPay
VersaPay
VersaPay is a Canadian Fintech company and leading provider of cloud-based invoice-to-cash solutions, enabling businesses to provide a superior customer experience, get paid faster, streamline financial operations, and dramatically reduce Days Sales Outstanding (DSO) and costs.
year
2019
rev ($mm)
$5.88
EBITDA ($mm)
($8.74)
EBIT ($mm)
($9.07)
Net Income ($mm)
Employees
79
  • drill down
  • watch
Ticker: HLSE:BAS1V
 
 
 
 
 
 
 
 
BasWare Oyj
BasWare Oyj
Basware is the global leader in providing purchase-to-pay and e-invoicing solutions in the world of commerce. Basware empowers companies to unlock value across their financial operations by simplifying and streamlining key financial processes.
year
2017
rev ($mm)
$184.50
EBITDA ($mm)
$0.83
EBIT ($mm)
($11.67)
Net Income ($mm)
Employees
1829
  • drill down
  • watch
Ticker: MNDO
 
 
 
 
 
 
 
 
MIND CTI
MIND CTI
MIND is a leading provider of convergent real-time end-to-end billing, unified communication call accounting and analytics solutions for organizations and large multinational corporates. MIND customizes application delivery to enable customers to choose the best model that fits their needs.
year
2019
rev ($mm)
$19.54
EBITDA ($mm)
$5.41
EBIT ($mm)
$5.32
Net Income ($mm)
$5.35
Employees
229
  • drill down
  • watch
Ticker: MODN
 
 
 
 
 
 
 
 
Model N, Inc.
Model N, Inc.
Model N is the pioneer and leading provider of Revenue Management cloud solutions for the Life Sciences and High Technology industries. Model N helps its customers maximize their revenues by maximizing sell time, revenues per opportunity and number of opportunities.
year
2016
rev ($mm)
$106.97
EBITDA ($mm)
($26.81)
EBIT ($mm)
($32.74)
Net Income ($mm)
Employees
814
  • drill down
  • watch
Ticker: LSE:SGE
 
 
 
 
 
 
 
 
The Sage Group plc.
The Sage Group plc.
Sage is the market and technology leader for integrated accounting, payroll and payment systems, supporting the ambition of entrepreneurs and business builders. Sage helps drive business builders with the most intelligent and flexible cloud-enabled software, support and advice to manage everything.
year
2019
rev ($mm)
$2,516.54
EBITDA ($mm)
$683.73
EBIT ($mm)
$578.44
Net Income ($mm)
$345.76
Employees
13003
  • drill down
  • watch
Ticker: ASX:XRO
 
 
 
 
 
 
 
 
Xero Limited
Xero Limited
Xero provides online accounting software and services for small to medium sized businesses. Its accounting system has a cashbook, automated daily bank feeds, invoicing, debtors, creditors, sales tax and reporting.
year
2018
rev ($mm)
$324.04
EBITDA ($mm)
($3.76)
EBIT ($mm)
($9.88)
Net Income ($mm)
Employees
2302
  • drill down
  • watch
Ticker: ASX:RKN
 
 
 
 
 
 
 
 
Reckon Limited
Reckon Limited
Reckon Limited (RKN) is an Australian publicly listed company well known as a leading provider of software solutions for accounting and bookkeeping professionals, as well as small to medium sized businesses, small office/home office users and personal wealth management.
year
2017
rev ($mm)
$73.92
EBITDA ($mm)
$14.15
EBIT ($mm)
$10.70
Net Income ($mm)
$7.78
Employees
118
  • drill down
  • watch
Ticker: HAXS
 
 
 
 
 
 
 
 
Healthaxis, Inc.
Healthaxis, Inc.
HealthAxis Group is simultaneously the most experienced and modern SaaS-based supplier of benefit platform systems. The comprehensive suite offered by HealthAxis helps organizations address compliance, increase administrative efficiency, lower cost, and improve quality.
year
2007
rev ($mm)
$16.03
EBITDA ($mm)
$0.27
EBIT ($mm)
($0.86)
Net Income ($mm)
Employees
73
  • drill down
  • watch
Ticker: MTBC
 
 
 
 
 
 
 
 
Medical Transcription Billing, Corp.
Medical Transcription Billing, Corp.
MTBC (Medical Transcription Billing, Corp) is a healthcare information technology company that provides a fully integrated suite of proprietary web-based solutions, together with related business services, to healthcare providers, revenue cycle management companies and software vendors.
year
2019
rev ($mm)
$65.19
EBITDA ($mm)
$1.78
EBIT ($mm)
($1.62)
Net Income ($mm)
Employees
2400
  • drill down
  • watch
Ticker: STRM
 
 
 
 
 
 
 
 
Streamline Health
Streamline Health
Streamline Health Solutions, Inc. is a healthcare industry leader in capturing, aggregating, and translating enterprise data into knowledge­. Through their Looking Glass Platform they provide clients with meaningful, intelligent SaaS-based solutions from patient engagement to reimbursement.
year
2019
rev ($mm)
$20.98
EBITDA ($mm)
$1.47
EBIT ($mm)
$0.52
Net Income ($mm)
Employees
105
  • drill down
  • watch
Ticker: SREV
 
 
 
 
 
 
 
 
ServiceSource International, Inc.
ServiceSource International, Inc.
ServiceSource International, Inc. is the global leader in recurring revenue management. Renew OnDemand™, the only cloud application built specifically to grow recurring revenue, automates a highly valuable but typically manual business process.
year
2013
rev ($mm)
$262.65
EBITDA ($mm)
($10.15)
EBIT ($mm)
($17.38)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: ENXTPA:GENX
 
 
 
 
 
 
 
 
Generix SA
Generix SA
Generix Group develops software solutions for the manufacturing, logistics and retail ecosystems, helping its customers to manage, pool, integrate and optimize their information flows.
year
2016
rev ($mm)
$65.21
EBITDA ($mm)
$4.70
EBIT ($mm)
$3.69
Net Income ($mm)
$1.39
Employees
376
  • drill down
  • watch
Ticker: 300051
 
 
 
 
 
 
 
 
Xiamen 35.Com Technology Co., Ltd.
Xiamen 35.Com Technology Co., Ltd.
Xiamen 35.Com Technology Co., Ltd. provides software products and information technology services to medium and small-scale enterprises in China. The company offers Internet business solutions, corporate communication solutions, and enterprise management solutions.
year
2015
rev ($mm)
$39.89
EBITDA ($mm)
($1.95)
EBIT ($mm)
($2.28)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: TSXV:OSS
 
 
 
 
 
 
 
 
OneSoft Solutions Inc.
OneSoft Solutions Inc. is a Canada-based developer of cloud-based business solutions. OneSoft's business strategy is to seek opportunities to convert legacy business software applications to a more cost efficient subscription based business model utilizing the Microsoft Cloud.
year
2015
rev ($mm)
$0.26
EBITDA ($mm)
($1.57)
EBIT ($mm)
($1.61)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: ASX:SVT
 
 
 
 
 
 
 
 
ServTech Global Holdings Limited
ServTech Global Holdings Limited
ServTech Global is a cloud based workflow management technology firm in Australia. ServTech Global helps businesses manage their transactions through a customized software as a service (SaaS) workflow management application and back office support service.
year
2018
rev ($mm)
$0.34
EBITDA ($mm)
($2.22)
EBIT ($mm)
($2.31)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: FLT
 
 
 
 
 
 
 
 
FleetCor Technologies, Inc.
FleetCor Technologies, Inc.
FleetCor is a leading global provider of fuel cards and workforce payment products to businesses. FleetCor's payment programs enable businesses to better manage and control employee spending and provide card-accepting merchants with a high volume customer base that can increase their sales.
year
2018
rev ($mm)
$2,433.49
EBITDA ($mm)
$1,344.46
EBIT ($mm)
$1,099.40
Net Income ($mm)
$811.48
Employees
7580
  • drill down
  • watch
Ticker: ASX:CA
 
 
 
 
 
 
 
 
Cabcharge Australia Limited
Cabcharge Australia Limited
Cabcharge is a provider of electronic payment systems and software for taxis in Australia. Their solutions include a personalized payment card, single use e-tickets, and gift cards. They also offer a cloud based travel management platform that give taxi companies better visibility and insight.
year
2017
rev ($mm)
$120.51
EBITDA ($mm)
$26.77
EBIT ($mm)
$17.90
Net Income ($mm)
$8.21
Employees
538
  • drill down
  • watch