Like Bellin Treasury Services Ltd

closed 6/12/2020 via BNC Analysis

Coupa Software, acquired Bellin Treasury Services Ltd

synopsis: Coupa Software, a leader in Business Spend Management (BSM), announced that it has acquired BELLIN Group, a leading provider of treasury management software (TMS). With a long history in treasury, BELLIN's cloud-based TMS platform improves visibility and control over cash and optimizes treasury processes.
buyer: Coupa Software (COUP:$458.37)
Coupa Software is the cloud platform for business spend management. They deliver “Value as a Service” by helping customers maximize their spend under management and drive profitability. Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations. "
target: Bellin Treasury Services Ltd
BELLIN Group is a leading provider of treasury management software (TMS). With a long history in treasury, BELLIN's cloud-based TMS platform improves visibility and control over cash and optimizes treasury processes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/1/2022 via BNC Analysis

Melior Equity Partners Limited, acquired Salmon Software

synopsis: Irish private equity firm, Melior Equity Partners, has invested in Salmon Software, a fast-growing financial software business that provides customers with a world-class treasury management software system. Founded by CEO John Byrne, Dublin-headquartered Salmon Software employs a total of 30 staff across its operations in Ireland/Czech Republic.
buyer: Melior Equity Partners Limited
Melior Equity Partners is a leading Irish private equity investment firm headquartered in Dublin with a strong track record of investing in small to medium sized private businesses in Ireland. Melior was founded in 2019 by Jonathan Cosgrave and Peter Garvey. "
target: Salmon Software
Salmon Software is a fast-growing financial software business that provides customers with a world-class treasury management software system. Founded by CEO John Byrne, Dublin-headquartered Salmon Software employs a total of 30 staff across its operations in Ireland and the Czech Republic.
price ($mm)
$17*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/8/2021 via PR Newswire

Nomentia, acquired TIPCO

synopsis: Nomentia Oy, a leading European treasury and cash management provider, has acquired TIPCO Treasury & Technology GmbH, a provider of treasury solutions in the DACH region. TIPCO provides smart solutions that help companies in various industries to improve cash visibility, manage FX risk, manage bank accounts, and streamline treasury reporting.
buyer: Nomentia
Nomentia is a European provider of cash & treasury management solutions. Nomentia provides SaaS solutions that help companies to keep on top of their cash management. Their software enables businesses to easily manage all of their bank connections, payments, cash forecasts, and processes. "
target: TIPCO
TIPCO is a leading provider of treasury solutions in the DACH region. TIPCO provides smart solutions that help companies in various industries to improve cash visibility, manage FX risk, manage bank accounts, create accurate cash flow forecasts and streamline treasury reporting.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/1/2021 via GlobeNewswire

Altus Group Limited, acquired Finance Active SAS

synopsis: Altus Group Limited, a leading provider of software, data solutions and independent advisory services to the global commercial real estate (CRE) industry, has acquired Finance Active SAS, a leading provider of debt management SaaS solutions for CRE treasury and investment management.
buyer: Altus Group Limited (TSX:AIF:$487.58)
Based in Canada, Altus Group is the leading provider of independent advisory services, software, and data solutions to the global commercial real estate industry. CRE professionals world-wide have trusted Altus Group to better manage risk, inform decision making, and drive investment performance. "
target: Finance Active SAS
Founded in 2000, Finance Active is a leading European provider of SaaS debt and financial risk management solutions for CRE treasury and investment management. The company is headquartered in Paris, France.
price ($mm)
rev ($mm)
$30
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 3/2/2021 via GlobeNewswire

GTreasury, acquired Coprocess SA

synopsis: GTreasury, a treasury and risk management platform provider, has acquired Switzerland-based Coprocess, the leading provider of intercompany netting solutions. The acquisition gives GTreasury fully-integrated netting technology to meet growing customer demand for global netting and reconciliation capabilities.
buyer: GTreasury
GTreasury is a global provider of leading digital Treasury and Risk Management System (TRMS) to corporate treasurers across industries. With its Software-as-a-Service platform, GTreasury provides customers with a single source of truth for all their cash, payments, and risk activities. "
target: Coprocess SA
Based in Switzerland, Coprocess is the world's leading provider of intercompany netting software solutions. Coprocess offers multilateral netting through a browser-based corporate netting system, month end reconciliation, a centralized 3rd party bulk payment system, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/3/2021 via BNC Analysis

Bottomline Technologies, acquired TreasuryXpress, Inc.

synopsis: Bottomline Technologies, a US-based publicly listed payments company, has acquired TreasuryXpress, a provider of cloud-based treasury management software for corporations and banks. Bottomline's combination with TreasuryXpress enables the company to expand on its leading business payments capabilities.
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline makes complex business payments simple and secure. Corporations and banks rely on Bottomline for domestic and international payments, cash management, automated workflows for payment processing and bill review, fraud detection, behavioral analytics, and regulatory compliance solutions. "
target: TreasuryXpress, Inc.
TreasuryXpress is a global fintech provider of treasury management software, allowing companies to achieve visibility, consolidate cash information, manage end-to-end payment processing, and distribute useful and critical reports.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/19/2011 via BusinessWire

Reval, acquired ecofinance Finanzsoftware & Consulting GmbH

synopsis: Reval, the premier provider of a single-version Software-as-a-Service (SaaS) solution for corporate financial risk management, announced that it has acquired ecofinance, the leading treasury management system provider. The acquisition strengthens Reval’s commitment to developing quality solutions for the global community of corporate treasurers.
buyer: Reval
Reval provides an award-winning Web-based platform that automates corporate financial risk management for a wide range of interest rate, foreign exchange, commodity and credit derivatives. "
target: ecofinance Finanzsoftware & Consulting GmbH
ecofinance is one of the leading software providers in international treasury management. In its role as a professional and reliable partner to global groups, the company has been offering its Integrated Treasury System ITS since 1984.
price ($mm)
$18
rev ($mm)
$3
EBITDA ($mm)
EV / rev
5.8x
EV / EBITDA
announced 1/10/2011 via BusinessWire

Wall Street Systems, will acquire Treasura

synopsis: Wall Street Systems has announced that it has signed an agreement to acquire the assets of Thomson Reuters Corporate Treasury Manager (a.k.a. “Treasura”), a leading Software-as-a-Service (SaaS) provider of cash and liquidity management services to corporations in North America.
buyer parent: Warburg Pincus
buyer: Wall Street Systems
Wall Street Systems provides functionally rich, integrated and scalable solutions for improved workflow, control and overall productivity for corporate treasury, central banking, FX trading and global back office operations. "
target parent: Thomson Reuters
target: Treasura
As the market-leading web-based solution, Treasura supports treasury teams around the world. Fully SAS70 certified, Treasura streamlines clients' internal processes, improves financial controls, and helps them make more effective decisions around financing, working capital and hedging.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/26/2009 via BusinessWire

Reval, acquired FXpress Corporation

synopsis: Reval announced that it has acquired FXpress Corporation, a leading treasury software provider to the Fortune 1000. The acquisition solidifies Reval’s position as the leader in global derivative risk management and hedge accounting software solutions and services.
buyer: Reval
Reval® provides financial and accounting professionals with an award-winning Web-based platform that supports derivative risk management. This Software-as-a-Service addresses the need for derivatives to comply with international regulations. "
target: FXpress Corporation
FXpress Corporation simplifies and automates core treasury processes. FIRST™ treasury software, the company’s product offering, enables the management of cash, exposures, derivatives and hedge accounting for FASB and IAS compliance via Software-as-a-Service deployment.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/16/2022 via GlobeNewswire

Treasury Intelligence Solutions GmbH, acquired Cashforce BV

synopsis: Treasury Intelligence Solutions (TIS), a global leader in enterprise payment optimization, announced its acquisition of Cashforce, an AI-powered provider of cash management and forecasting solutions. This acquisition will see Cashforce's leading cloud solution become integrated with TIS' SaaS payments platform.
buyer: Treasury Intelligence Solutions GmbH
Treasury Intelligence Solutions (TIS) is reimagining the world of enterprise payments through a cloud-based platform uniquely designed to help global organizations optimize payments, manage cash visibility, and mitigate risk. "
target: Cashforce BV
Cashforce's cloud-based software enables corporates to unlock their data - of any volume and complexity - so they can make smarter cash management decisions and improve their cashflow forecasting capabilities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/2/2016 via BusinessWire

Trintech Group Plc, acquired Chesapeake System Solutions, Inc.

synopsis: Trintech, a leading provider of integrated Record-to-Report software solutions for the office of finance, announced it has acquired Chesapeake System Solutions. The company is a leading provider of financial transaction account reconciliation and treasury solutions.
buyer parent: Spectrum Equity
buyer: Trintech Group Plc (TTPA:$33.95)
Trintech is a leading provider of financial software solutions for the Record-to-Report process. Over 900 clients in 100 countries rely on their solutions to optimize resources, reduce costs, manage risk and monitor activities across the entire finance organization worldwide. "
target: Chesapeake System Solutions, Inc.
Chesapeake System Solutions provides financial close, transaction matching, cash management, and treasury solutions for the retail, banking, financial services, and insurance industries.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/19/2021 via Company Press Release

Stacc AS, acquired Escali Financial Systems AS

synopsis: Stacc acquired 100% of shares in Escali Financial Systems AS, a software company specialized in solutions for portfolio-, treasury, and finance management. Escali was founded in 2002 and has 16 employees located in Bergen and Oslo.
buyer: Stacc AS
Norway-based Stacc creates financial technology that simplifies innovation and improves business performance. Stacc combines financial technology with design and strategic know-how to enable financial services to innovate, surprise and excite. "
target: Escali Financial Systems AS
Escali Financial Systems AS is a software company specialized in solutions for portfolio-, treasury, and finance management. Escali was founded in 2002 and has 16 employees located in Bergen and Oslo.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/1/2016 via BusinessWire

ION Trading, acquired Reval

synopsis: ION Investment Group announced that it completed its acquisition of Reval, a global provider of cloud-based solutions for treasury and risk management. Financial terms were not disclosedION provides mission-critical trading and workflow automation software solutions to financial institutions, central banks, governments and corporates.
buyer parent: TA Associates
buyer: ION Trading
ION is a global market leader providing real-time solutions across multiple asset classes for electronic trading, position management, pricing, risk management and downstream processing to clients which range from global financial institutions to niche financial specialists. "
target: Reval
Reval is the leading, global provider of a scalable cloud platform for treasury and risk management. Their Software-as-a-Service (SaaS) solutions help corporates and banks around the world better manage cash and liquidity, financial risk and hedge accounting.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/28/2019 via Company Press Release

Bridgepoint, will acquire Kyriba Corporation

synopsis: Private-equity firm Bridgepoint has agreed to take majority control of Kyriba Corp., a venture-backed provider of treasury-management software for corporate finance executives. Kyriba’s approach to cash management enables confidence in cash visibility and empowers CFOs to make strategic investment decisions.
buyer: Bridgepoint (:$353.32)
Bridgepoint is an international private equity group focused on acquiring middle market companies in attractive markets with the potential to grow organically or through acquisition. it focuses on acquiring well managed companies in sectors with the potential to grow through acquisition. "
target: Kyriba Corporation
Kyriba is the global leader in cloud treasury solutions, delivering award winning cash management technology to CFOs, Treasurers, and Financial Professionals. Kyriba’s approach to cash management enables confidence in cash visibility and empowers CFOs to make strategic investment decisions.
price ($mm)
$160*
rev ($mm)
$110
EBITDA ($mm)
EV / rev
10.9x
EV / EBITDA
closed 2/19/2004 via PR Newswire

Computershare Limited, acquired Transcentive, Inc.

synopsis: Transcentive, Inc., the leading provider of technology and services for stock plan management and financial reporting, announced today that it has been acquired by Computershare Limited, an Australian financial services and technology provider.
buyer: Computershare Limited (ASX:CPU:$2,346.26)
Computershare is a global leader in share registration, employee equity plans, proxy solicitation and other specialised financial and communication services. Our innovative solutions maximise the value of relationships with investors, employees, customers and members. "
target: Transcentive, Inc.
When Transcentive, Inc. was founded in 1979 (as Corporate Management Solutions), we pioneered the industry by introducing the first stock option software application to manage employee equity plans. Today, Transcentive is much more than a software developer. We provide management solutions to nearl
price ($mm)
$24
rev ($mm)
$19
EBITDA ($mm)
EV / rev
1.3x
EV / EBITDA
closed 11/23/2005 via BusinessWire

The Carlyle Group, acquired SS&C Technologies, Inc.

synopsis: SS&C Technologies, Inc. announced that Sunshine Acquisition Corporation, a corporation affiliated with The Carlyle Group, a global private equity firm, completed the acquisition of SS&C Technologies, Inc. The aggregate consideration to be paid to SS&C stockholders and option holders is approximately $942 million.
buyer: The Carlyle Group (CG:$5,531.80)
The Carlyle Group is a private global investment firm that originates, structures and acts as lead equity investor in management-led buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. "
target: SS&C Technologies, Inc. (SSNC:$5,112.60)
SS&C delivers investment and financial management software and related services focused exclusively on the financial services industry. By leveraging expertise in common investment business functions, SS&C cost effectively serves clients in different industry segments.
price ($mm)[EV]
$875 [$917]
rev ($mm)
$120
EBITDA ($mm)
$43
EV / rev
8.2x
EV / EBITDA
23.1x
closed 3/3/2015 via PR Newswire

Auction.com, acquired Channel Companes

synopsis: Auction.com, LLC, the nation's leading online real estate marketplace, announced its cash and stock acquisition of Channel, LLC, a Newport Beach, Calif.-based real estate technology solutions provider that offers a leading-edge real estate transaction platform with a proven ability to engage residential brokers and consumers.
buyer: Auction.com
Auction.com, LLC, is the nation's leading online real estate marketplace. Founded in 2007, the company has sold over $29 billion in residential and commercial real estate assets. "
target: Channel Companes
Channel is focused on developing high quality software products. Channel's platform enables real estate investment firms, financial institutions, asset management companies, and other service providers to efficiently manage and liquidate their real estate assets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/1/2018 via BusinessWire

State Street Corporation, acquired Charles River Systems, Inc.

synopsis: State Street Corporation, a leading provider of financial services to institutional investors, announced that it has acquired Charles River Systems, Inc. (Charles River Development), a premier provider of investment management front office tools and solutions.
buyer: State Street Corporation (STT:$11,709.00)
State Street Corporation is one of the world's leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading. "
target: Charles River Systems, Inc.
Charles River Systems, Inc. is a privately held company that primarily focuses on providing solutions that automate front and middle office investment management functions across asset classes on a Software as a Service-based platform.
price ($mm)
$2,600
rev ($mm)
$311
EBITDA ($mm)
EV / rev
8.4x
EV / EBITDA
closed 5/12/2008 via Company Press Release

The Bank of New York Mellon Corporation, acquired LAMP Technologies LLC

synopsis: The Bank of New York Mellon, a global leader in asset management and securities servicing, announced that it has acquired the fund of hedge funds administrative services business of LAMP Technologies LLC, a Dallas-based alternative investment administrator.
buyer: The Bank of New York Mellon Corporation (BK:$15,537.00)
The Bank of New York Mellon is a leading asset management and securities services company, uniquely focused to help clients manage and move their financial assets and succeed in the rapidly changing global marketplace. "
target: LAMP Technologies LLC
LAMP Technologies LLC pairs world-class professionals with a state-of-the-art technology platform. Rather than depending on software vendors, LAMP develops highly integrated systems that leverage our decades of experience in the alternative investments industry.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/26/2022 via BusinessWire

iCapital Network, will acquire SIMON Markets LLC

synopsis: iCapital, the leading global fintech platform driving access and efficiency in alternative investing, is to acquire SIMON Markets, the award-winning fintech company offering a digital platform designed to help financial advisors understand and manage structured investments, annuities, and other risk-managed products.
buyer: iCapital Network
iCapital Network powers the world’s alternative investment marketplace. Its financial technology platform transforms the way alternative investments are bought and sold through the development of tech-based solutions for advisors, their high-net-worth client base, asset managers, and banks. "
target parent: Barclays PLC
target: SIMON Markets LLC
SIMON helps financial advisors build the portfolio of tomorrow by giving them access to more investment opportunities. The SIMON platform offers a marketplace for risk-managed and alternative solutions, including structured investments, annuities, and traditional and progressive alternatives.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/30/2020 via Company Press Release

Bellin Treasury Services Ltd, acquired Much-Net GmbH

synopsis: Global treasury technology leader BELLIN, a Coupa company, has acquired Much-Net GmbH, a leading financial instrument software and service provider in Germany. The acquisition of Much-Net will further strengthen and extend BELLIN’s valuation and risk management offering.
buyer parent: Coupa Software
buyer: Bellin Treasury Services Ltd
BELLIN, a Coupa company, is a global leader in treasury technology that caters to a range of clients. BELLIN offers solutions that zero in on the relationship between corporates and banks and cover everything from cash management to payments or multilateral netting. "
target: Much-Net GmbH
Much-Net is a German financial instrument software and service provider. Its risk management engine exceeds the standard capabilities of treasury management systems and is aimed at the entire financial industry, including corporates, banks, investment funds, finance ministries, or insurances.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/12/2020 via BNC Analysis

Coupa Software, acquired Bellin Treasury Services Ltd

synopsis: Coupa Software, a leader in Business Spend Management (BSM), announced that it has acquired BELLIN Group, a leading provider of treasury management software (TMS). With a long history in treasury, BELLIN's cloud-based TMS platform improves visibility and control over cash and optimizes treasury processes.
buyer: Coupa Software (COUP:$458.37)
Coupa Software is the cloud platform for business spend management. They deliver “Value as a Service” by helping customers maximize their spend under management and drive profitability. Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations. "
target: Bellin Treasury Services Ltd
BELLIN Group is a leading provider of treasury management software (TMS). With a long history in treasury, BELLIN's cloud-based TMS platform improves visibility and control over cash and optimizes treasury processes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/2/2020 via PR Newswire

Coupa Software, acquired LLamasoft

synopsis: Coupa Software, a leader in Business Spend Management (BSM), announced that it has acquired LLamasoft, a leader in AI-powered supply chain design and planning. Based in Ann Arbor, Mich., LLamasoft's technology is used by hundreds including brands such as Boeing, Danone S.A., Home Depot.
buyer: Coupa Software (COUP:$458.37)
Coupa Software is the cloud platform for business spend management. They deliver “Value as a Service” by helping customers maximize their spend under management and drive profitability. Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations. "
target parent: TPG Capital
target: LLamasoft
Powered by advanced analytics, LLamasoft technology helps business leaders design operational strategies to achieve profitability and growth goals. The company creates a true end-to-end view of global supply chains to enable decisions along strategic, tactical and operational time horizons.
price ($mm)
$1,438
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/30/2020 via Company Press Release

Bellin Treasury Services Ltd, acquired Much-Net GmbH

synopsis: Global treasury technology leader BELLIN, a Coupa company, has acquired Much-Net GmbH, a leading financial instrument software and service provider in Germany. The acquisition of Much-Net will further strengthen and extend BELLIN’s valuation and risk management offering.
buyer parent: Coupa Software
buyer: Bellin Treasury Services Ltd
BELLIN, a Coupa company, is a global leader in treasury technology that caters to a range of clients. BELLIN offers solutions that zero in on the relationship between corporates and banks and cover everything from cash management to payments or multilateral netting. "
target: Much-Net GmbH
Much-Net is a German financial instrument software and service provider. Its risk management engine exceeds the standard capabilities of treasury management systems and is aimed at the entire financial industry, including corporates, banks, investment funds, finance ministries, or insurances.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/12/2020 via BNC Analysis

Coupa Software, acquired Bellin Treasury Services Ltd

synopsis: Coupa Software, a leader in Business Spend Management (BSM), announced that it has acquired BELLIN Group, a leading provider of treasury management software (TMS). With a long history in treasury, BELLIN's cloud-based TMS platform improves visibility and control over cash and optimizes treasury processes.
buyer: Coupa Software (COUP:$458.37)
Coupa Software is the cloud platform for business spend management. They deliver “Value as a Service” by helping customers maximize their spend under management and drive profitability. Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations. "
target: Bellin Treasury Services Ltd
BELLIN Group is a leading provider of treasury management software (TMS). With a long history in treasury, BELLIN's cloud-based TMS platform improves visibility and control over cash and optimizes treasury processes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/6/2020 via BNC Analysis

Coupa Software, acquired ConnXus Inc.

synopsis: Coupa Software, the cloud platform for business spend management, has acquired ConnXus, a company that offers supplier management software solutions that simplify the complexities of global supply chains and allow procurement professionals to achieve their goals of responsible and sustainable sourcing.
buyer: Coupa Software (COUP:$458.37)
Coupa Software is the cloud platform for business spend management. They deliver “Value as a Service” by helping customers maximize their spend under management and drive profitability. Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations. "
target: ConnXus Inc.
ConnXus supplier management software solutions simplify the complexities of global supply chains and allow procurement professionals to achieve their goals of responsible and sustainable sourcing. ConnXus is a SBE certified company based in Ohio with local, regional and international capabilities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/8/2020 via Company Press Release

Coupa Software, acquired Yapta

synopsis: Coupa Software, a leader in Business Spend Management (BSM), has acquired Yapta, a leader in travel price optimization. Yapta provides real-time price tracking of airfares and hotel rates across the globe via their FareIQ and RoomIQ solutions. Yapta has helped thousands of companies save an average of 2-4% of their corporate travel budgets.
buyer: Coupa Software (COUP:$458.37)
Coupa Software is the cloud platform for business spend management. They deliver “Value as a Service” by helping customers maximize their spend under management and drive profitability. Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations. "
target: Yapta
Yapta is a leader in travel price optimization. Yapta provides real-time price tracking of airfares and hotel rates across the globe via their FareIQ and RoomIQ solutions. Yapta has helped thousands of companies save an average of 2-4% of their corporate travel budgets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/17/2019 via Company Press Release

Coupa Software, will acquire Exari

synopsis: Coupa Software, a leader in business spend management (BSM), announced that it has entered into an agreement to acquire Exari, a leading provider of contract lifecycle management (CLM). Exari solutions improve visibility into contract data and reduces costs, cycle time and risk.
buyer: Coupa Software (COUP:$458.37)
Coupa Software is the cloud platform for business spend management. They deliver “Value as a Service” by helping customers maximize their spend under management and drive profitability. Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations. "
target: Exari
Exari is a global leader in cloud-based Contract Lifecycle Management solutions. Used worldwide by legal, sales, insurance, investment banking, and government professionals, Exari solutions improve visibility into contract data and reduces costs, cycle time and risk.
price ($mm)
$215
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/12/2018 via PR Newswire

Coupa Software, acquired Hiperos, LLC

synopsis: Coupa Software, a leader in business spend management (BSM), has acquired Hiperos from Opus, a global risk and compliance SaaS and data solution company. Hiperos is a leading third-party risk management provider. Their cloud application enables businesses to actively manage third-party risk and compliance.
buyer: Coupa Software (COUP:$458.37)
Coupa Software is the cloud platform for business spend management (BSM). They deliver “Value as a Service” by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. "
target parent: Opus Global, Inc.
target: Hiperos, LLC
Hiperos is a leading third-party risk management provider. Their cloud application enables businesses to actively manage third-party risk and compliance, including advanced risks such as information security, bribery and corruption.
price ($mm)
$95
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/15/2018 via GlobeNewswire

Coupa Software, acquired Aquiire

synopsis: Coupa Software, a leader in business spend management, announced that it has acquired Aquiire, the leader in real-time supplier catalog search. Acquiire provides intelligent and intuitive real-time procurement shopping, guided buying, business intelligence, and supplier management tools in the industry.
buyer: Coupa Software (COUP:$458.37)
Coupa Software is the cloud platform for business spend management (BSM). They deliver “Value as a Service” by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. "
target: Aquiire
Acquiire provides intelligent and intuitive real-time procurement shopping, guided buying, business intelligence, and supplier management tools in the industry. They are dedicated to creating solutions that solve customers' procurement and supplier relationship management challenges.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/4/2018 via GlobeNewswire

Coupa Software, acquired DCR Workforce

synopsis: Coupa Software, a leader in business spend management (BSM), announced that it has acquired the technology assets of DCR Workforce, a leading provider of contingent workforce management and services procurement software.
buyer: Coupa Software (COUP:$458.37)
Coupa Software is the cloud platform for business spend management (BSM). They deliver “Value as a Service” by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. "
target: DCR Workforce
DCR Workforce is a leading provider of SaaS solutions for contingent workforce management and services procurement. The company’s Smart Track VMS offers a unified approach to managing all aspects of non-employee engagement.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/11/2017 via GlobeNewswire

Coupa Software, acquired Simeno

synopsis: Coupa Software, a leader in cloud-based spend management, announced that it has acquired Simeno Holdings AG, a leader in cross-catalog search and advanced catalog management. Simeno creates localized content from third-party supplier sites to power cross-catalog searches, including content from many of the leading B2B marketplaces.
buyer: Coupa Software (COUP:$458.37)
Coupa Software is the cloud platform for business spend. They deliver “Value as a Service” by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. "
target: Simeno
Simeno is a leader in cross-catalog search and advanced catalog management. Simeno creates localized content from third-party supplier sites to power cross-catalog searches, including content from many of the leading B2B marketplaces.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/17/2017 via GlobeNewswire

Coupa Software, acquired Deep Relevance, Inc.

synopsis: Coupa Software, a leader in cloud-based spend management, has acquired Deep Relevance, Inc., a company that uses Artificial Intelligence (AI)-based behavior and relationship analytics to help identify individual employee and collusive fraud or other suspicious transactions.
buyer: Coupa Software (COUP:$458.37)
Coupa Software is the cloud platform for business spend. They deliver “Value as a Service” by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. "
target: Deep Relevance, Inc.
Deep Relevance uses Artificial Intelligence (AI)-based behavior and relationship analytics to help identify individual employee and collusive fraud or other suspicious transactions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/17/2017 via GlobeNewswire

Coupa Software, acquired Riskopy, Inc.

synopsis: Coupa Software, a leader in cloud-based spend management, announced that it has acquired substantially all of the assets of Riskopy, Inc. Riskopy is changing how financial services are delivered by providing data-driven insights on 100 million businesses.
buyer: Coupa Software (COUP:$458.37)
Coupa Software is the cloud platform for business spend. They deliver “Value as a Service” by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. "
target: Riskopy, Inc.
Riskopy is changing how financial services are delivered by providing data-driven insights on 100 million businesses. Leveraging contextualized data, finance providers can accurately calculate the cost of capital, and monitor their portfolio for risks and opportunities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/10/2017 via GlobeNewswire

Coupa Software, acquired Spend360

synopsis: Coupa Software announced that it has acquired Spend360 International Ltd. to help companies digitize antiquated processes for data classification. Spend360 is an analytics solution that uses deep machine learning and artificial intelligence to structure and cleanse data in a format that finance and procurement can actually use.
buyer: Coupa Software (COUP:$458.37)
Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations representing the Americas, EMEA, and APAC with millions of suppliers globally. The Coupa platform provides greater visibility into and control over how companies spend money. "
target: Spend360
Spend360 is an analytics solution that uses deep machine learning and artificial intelligence to structure and cleanse data in a format that finance and procurement can actually use.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/14/2016 via BusinessWire

Coupa Software, acquired Contractually

synopsis: Coupa Software, a leader in cloud-based spend management, announced the acquisition of Contractually, a cloud innovator based in Vancouver, Canada that helps reduce businesses' reliance on antiquated processes or inadequate technology tools to version control or redline contracts.
buyer: Coupa Software (COUP:$458.37)
Coupa Software, a leader in cloud-based spend management, enables businesses to recognize bottom-line financial success via Savings-as-a-Service. Coupa provides a suite of true cloud spend management applications, including invoicing, procurement, expense management, sourcing and inventory. "
target: Contractually
Contractually makes the contracts process paperless for businesses and their lawyers. Their web software speeds up contract generation and the whole workflow of getting reviews, edits and signatures done, with all the people, parties and lawyers involved.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/20/2015 via BusinessWire

Coupa Software, acquired TripScanner, Inc.

synopsis: Coupa Software, the world’s leading provider of cloud-based spend management solutions, announced plans to modernize business travel with the acquisition of New York-based travel technology company TripScanner, Inc.
buyer: Coupa Software (COUP:$458.37)
Coupa's suite of cloud applications amplify companies spending power and reduce costs. Coupa provides cloud applications for finance, including procurement, expense management and accounts payable that enables customers realize significant savings. "
target: TripScanner, Inc.
TripScanner is a travel technology company based in Brooklyn, NY. TripScanner offers a simple, cost-effective way for businesses to control their travel expenses, while allowing employees the freedom to book through any website, app, or travel agency that they prefer.
price ($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:$458.37)
Coupa's suite of cloud applications amplify companies spending power and reduce costs. Coupa provides cloud applications for finance, including procurement, expense management and accounts payable that enables customers realize significant savings. "
target: InvoiceSmash
InvoiceSmash is a cloud innovator pushing the technology boundaries of accounts payable and e-invoicing solutions. InvoiceSmash provides accounts payable invoice automation powered by cloud software.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/10/2013 via BusinessWire

Coupa Software, acquired Xpenser

synopsis: Coupa Software, the leading provider of cloud-based spend optimization solutions for finance, announced that it has acquired Xpenser, a company that enables users to record and track expenses more efficiently in the cloud. The acquisition will expand Coupa’s domain expertise and leadership in the area of expense management.
buyer: Coupa Software (COUP:$458.37)
Founded in 2006, Coupa Software is the leading provider of cloud-based spend optimization software. More than 300 customers in 40 countries use the Coupa suite of cloud applications to amplify their spend power and reduce spending costs up to 11 percent. "
target: Xpenser
Xpenser provides time, receipt, and expense management from a multitude of devices and interfaces - using voice, email, sms, iPhone, instant messaging, Twitter, or the web, via a simple, intuitive format.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/17/2021 via PR Newswire

Banyan Software, acquired Atamis Ltd

synopsis: Banyan Software, Inc., a company focused on acquiring, building and growing great enterprise software businesses, has acquired Atamis Ltd., a leading UK procurement software provider. Atamis helps public and private sector businesses to maximise productivity. Their software suite allows users to analyze, plan, and manage their procurement spend.
buyer: Banyan Software
Banyan Software acquires, builds, and grows great enterprise software businesses. With a permanent capital base, Banyan focuses on a buy and hold for life strategy for growing software companies that serve specialized markets. "
target: Atamis Ltd
Atamis is a leading UK procurement software provider. Atamis helps public and private sector businesses to maximise productivity and increase efficiency throughout the strategic sourcing cycle. Their software suite allows users to analyze, plan, source and manage their procurement spend.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/22/2018 via PR Web

Smart ERP, acquired Provade, Inc.

synopsis: Smart ERP Solutions, Inc., the provider of Smart Onboarding and other solutions and services, has acquired Provade Inc., a provider of an Oracle ecosystem focused enterprise class Services Procurement and Vendor Management System (VMS) for global contingent workforce spend management.
buyer: Smart ERP
Smart ERP Solutions is a unique organization in the Enterprise Business Applications space providing innovative, cost-effective, and configurable solutions as well as a wide range of consulting services that efficiently extend the capabilities of ERP systems to meet specific business process needs. "
target: Provade, Inc.
Provade Inc., delivers the only Oracle ecosystem focused enterprise class Services Procurement and Vendor Management System (VMS) for global contingent workforce spend management. Provade’s SaaS solution helps businesses achieve efficiency and measurable savings in work services spend.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/3/2016 via PR Web

Nexonia, acquired ExpenseWatch, Inc.

synopsis: Nexonia Inc, a leading provider of web and mobile business financial management solutions has acquired ExpenseWatch, a leading provider of spend management solutions. The acquisition joins two organizations that offer feature-rich SaaS financial management solutions, highly configurable integrations and industry leading customer support.
buyer: Nexonia
Nexonia Inc. is a provider of leading web and mobile expense, time and other business financial management solutions, including: Nexonia Expenses, Nexonia Timesheets, Nexonia Time Off, Nexonia Time Allocation, Nexonia Purchase Orders and Nexonia Accounts Payable. "
target: ExpenseWatch, Inc.
ExpenseWatch automates manual, time consuming paper-based processes, for visibility and control over organizational spending. Modules for expense reporting, purchasing and payable invoices resolve specific spending issues, or can be combined to provide a comprehensive spend management suite.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/8/2014 via PR Newswire

IQ Navigator Inc., purchased VMS Software from ProcureStaff Technologies

synopsis: IQNavigator, the leading provider of non-employee workforce management solutions to Global 2000 companies, has acquired the vendor management solution software and related assets of ProcureStaff Technologies, Ltd., a division of Volt Information Sciences and developer of ProcureStaff's vendor management system (VMS) applications.
buyer parent: GTCR, LLC
buyer: IQ Navigator Inc.
IQNavigator is a leading provider of on-demand services procurement software and managed service programs. The company’s award-winning suite of integrated applications enable Global 2000 companies to gain control and visibility into their multi-million-dollar services procurement costs. "
seller parent: Volt Information Sciences, Inc.
seller: ProcureStaff Technologies
ProcureStaff Technologies, a subsidiary of Volt Information Sciences, Inc., provides specialized software applications to streamline and manage procurement of temporary staffing, project work, consultants, and other human capital services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/28/2012 via GlobeNewswire

SciQuest, Inc., will acquire Spend Radar, LLC

synopsis: SciQuest, Inc., a leading provider of cloud-based spend management solutions, announced that it has signed a definitive agreement to acquire Spend Radar LLC, a rapidly growing provider of fast, easy and flexible spend analysis software.
buyer parent: Trinity Ventures
buyer: SciQuest, Inc. (SQI:$106.31)
SciQuest provides organizations with a comprehensive suite of on-demand source-to-settle software solutions, driving cost and efficiency savings across the supply chain. SciQuest provides organizations with a strategic approach to procurement, improving bottom-line results. "
target: Spend Radar, LLC
Spend Radar is a leading software technology company focused solely on conquering the challenges of spend analysis and spend management. Its entire focus is to help any organization working with spend or supplier-related data to take action more quickly and effectively.
price ($mm)
$8.55
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/1/2012 via PR Newswire

SAP America, Inc., acquired Ariba, Inc.

synopsis: SAP AG announced that it has completed its acquisition of Ariba, Inc., the leading cloud-based business commerce network. Ariba combines industry-leading technology with the world's largest web-based trading community to help companies discover, connect and collaborate with a global network of partners – all in a cloud-based environment.
buyer parent: SAP AG
buyer: SAP America, Inc.
SAP America provides enterprise software and services for managing accounting, distribution, human resources, and manufacturing functions. Its products include business intelligence, enterprise resource planning, customer relationship management, and supply chain management applications. "
target: Ariba, Inc.
Ariba is a provider of collaborative business commerce solutions. Ariba combines industry-leading technology with the world's largest web-based trading community to help companies discover, connect and collaborate with a global network of partners – all in a cloud-based environment.
price ($mm)[EV]
$4,599 [$4,402]
rev ($mm)
$502
EBITDA ($mm)
$41
EV / rev
8.8x
EV / EBITDA
108.0x
closed 10/3/2011 via BusinessWire

Pinnacle Technical Resources, acquired Provade, Inc.

synopsis: Pinnacle Technical Resources, a staffing and workforce solutions company, announced the acquisition of Provade, Inc., a Silicon Valley-based Vendor Management System technology company. The Pinnacle-Provade union offers an unprecedented combination that does not exist in the VMS marketplace today.
buyer: Pinnacle Technical Resources
Pinnacle Technical Resources is a staffing and managed services firm that recruits and manages contingent labor for a broad variety of Fortune 500 corporations in the financial services, transportation, communications and healthcare industries. "
target: Provade, Inc.
Provade, Inc. delivers the only enterprise Vendor Management System (VMS) for global workforce spend management. Provade VMS is built entirely upon an Oracle application platform and Provade is Oracle’s exclusive VMS partner in the market.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/1/2010 via BusinessWire

Rearden Commerce, Inc., acquired Ketera Technologies, Inc.

synopsis: Rearden Commerce, a next-generation eCommerce platform company, announced it has acquired Ketera Technologies, a company focused on transforming corporate buying and selling via the Ketera® Network, an online spend management solution and business community of nearly 1,000,000 companies.
buyer: Rearden Commerce, Inc.
Rearden Commerce, a next generation eCommerce platform company, offers applications, services, content and powerful personalization capabilities that enable relevant and meaningful transactions. "
target: Ketera Technologies, Inc.
Ketera Technologies is a company focused on transforming corporate buying and selling via the Ketera® Network, an online spend management solution and business community of nearly 1,000,000 companies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/24/2021 via Company Press Release

Onventis GmbH, acquired Spendency AB

synopsis: Germany-based Onventis, the Source-to-Pay procurement suite provider, has acquired Swedish spend analytics specialist Spendency, strategically expanding its product offering. Connected directly to the clients’ ERP and/ or procurement system, Spendency helps its customers to collect, enrich and normalise supplier data.
buyer parent: Main Capital Partners BV
buyer: Onventis GmbH
Based in Germany, Onventis has been a cloud pioneer for digital transformation of purchasing and finance processes since 2000. Its cloud-based software is an all-in-one procurement system that helps companies to manage their business spend to achieve financial control, compliance, and cost savings. "
target: Spendency AB
Based in Sweden, Spendency is the leading spend analysis solution in the Nordic market. Spendency's easy-to-use solution analyses data through various drill-down methodologies to allow for improved cost controlling of spend processes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/28/2021 via BNC Analysis

Microsoft Corporation, acquired Suplari, Inc.

synopsis: Microsoft has acquired Suplari, a Seattle startup that uses artificial intelligence to help companies understand and get a handle on their spending. Founded in 2016, Suplari analyzes procurement and spending data flowing into various enterprise systems. It can provide recommendations for cost savings, risk exposure, and other efficiency gaps.
buyer: Microsoft Corporation (MSFT:$184,903.00)
Microsoft is the leading software corporation that develops, manufactures, licenses, supports, and sells a range of software products and services. They offer Business Software, Design Tools, Developer Tools, Home & Educational Software, Tablets, Search, Advertising, Cloud Computing and more. "
target: Suplari, Inc.
Suplari delivers the first-ever Spend Intelligence Cloud that enables finance, procurement and business leaders to continuously and collaboratively optimize sourcing, forecasting, risk and compliance. Suplari helps achieve spend agility by automating spend analytics to manage costs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/2/2020 via BusinessWire

Technology Crossover Ventures, acquired Oversight Systems, Inc.

synopsis: Oversight, the global leader in spend management technology, announced its acquisition by TCV, one of the largest growth equity firms backing private and public technology companies. TCV will acquire a majority interest from Luminate Capital Partners.
buyer: Technology Crossover Ventures
Founded in 1995, TCV provides capital to growth-stage private and public companies in the technology industry. TCV has invested over $13 billion in leading technology companies and has helped guide CEOs through more than 120 IPOs and strategic acquisitions. "
target parent: Luminate Capital Partners
target: Oversight Systems, Inc.
The world's largest companies and government agencies trust Oversight to find and manage enterprise spend risk no matter where it resides. Oversight's AI-powered spend management platform monitors and analyzes 100% of spend transactions, reducing audit effort and eliminating data silos.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/10/2017 via GlobeNewswire

Coupa Software, acquired Spend360

synopsis: Coupa Software announced that it has acquired Spend360 International Ltd. to help companies digitize antiquated processes for data classification. Spend360 is an analytics solution that uses deep machine learning and artificial intelligence to structure and cleanse data in a format that finance and procurement can actually use.
buyer: Coupa Software (COUP:$458.37)
Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations representing the Americas, EMEA, and APAC with millions of suppliers globally. The Coupa platform provides greater visibility into and control over how companies spend money. "
target: Spend360
Spend360 is an analytics solution that uses deep machine learning and artificial intelligence to structure and cleanse data in a format that finance and procurement can actually use.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/1/2022 via PR Newswire

Unit4, will acquire Scanmarket

synopsis: Netherlands-based Unit4, a leader in enterprise cloud applications for mid-market people-centric organizations, will acquire Scanmarket, a global vendor of cloud Source-to-Contract software. With Scanmarket, Unit4 will be able to provide organizations with a unified Source-to-Pay journey, building on its existing ERP and Procure-to-Pay offerings.
buyer parent: TA Associates
buyer: Unit4
Netherlands-based Unit4 is a leader in enterprise cloud applications for people-centric organizations. Its state-of-the-art cloud platform, ERPx, brings together the capabilities of Financials, Procurement, Project Management, HR and FP&A onto a unified cloud platform. "
target parent: Verdane Capital
target: Scanmarket
Based in Denmark, Scanmarket is a source-to-contract (S2C) software provider. Its S2C solution is attuned to meet the needs of procurement, legal, and finance professionals with applications for strategic sourcing, contract lifecycle management, and third-party risk management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/4/2022 via BNC Analysis

Grupo Primavera, acquired Cloudware, S.A.

synopsis: Grupo Primavera, the business management software leader for SMEs in Spain and Portugal, has acquired Cloudware, a leading provider of cloud business solutions in Portugal. Cloudware enables their clients to more efficiently manage their business. They offer solutions for invoicing, accounting, POS, taxes, expenses, and more.
buyer parent: Oakley Capital Limited
buyer: Grupo Primavera
Grupo Primavera is the business management software leader for SMEs in Spain and Portugal. Grupo Primavera provides cloud-based software solutions through their group companies. They offer solutions for business management, ERP, accounting, billing, CRM, project management, and more. "
target: Cloudware, S.A.
Cloudware is a leading provider of cloud business solutions in Portugal. Cloudware offers simple and easy-to-use cloud software that enables their clients to more efficiently manage their business. They offer solutions for invoicing, accounting, POS, taxes, expenses, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/10/2022 via BNC Analysis

Ninjacart, acquired Tecxprt

synopsis: Ninjacart, India's largest fresh produce supply chain company, has acquired Tecxprt, a provider of SaaS-based business solutions in India. Tecxprt offers a business suite that transforms the supply chain process. Their platform provides solutions for invoicing, digital procurement, logistics, vehicle management, warehouse management, and more.
buyer: Ninjacart
Ninjacart is India's largest fresh produce supply chain company. Ninjacart connects producers of food with retailers, restaurants, and service providers using in-house apps that drive end to end operations. They source fresh produce from farmers and deliver them to businesses within 12 hours. "
target: Tecxprt
Tecxprt is a leading provider of SaaS-based business solutions in India. Tecxprt offers a business suite that transforms the supply chain process. Their platform provides solutions for invoicing, digital procurement, logistics, vehicle management, warehouse management, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/11/2022 via PR Web

Simfoni Limited, acquired EC Sourcing Group Inc.

synopsis: Simfoni has acquired EC Sourcing Group, an established leader in eSourcing and decision award optimization. EC Sourcing Group’s eSourcing solution offers market-leading eRFX, eAuction, and Contract Management features, and has standout capabilities for automation of sourcing award decisions.
buyer: Simfoni Limited
Simfoni provides Spend Analytics and Spend Automation products to leading global enterprises. Simfoni's platform utilizes machine learning and AI to accelerate and automate key aspects of the procurement process, saving customers time and money and paving the way toward supply chain sustainability. "
target: EC Sourcing Group Inc.
EC Sourcing Group is a global procurement technology solutions provider comprised of former sourcing and procurement veterans. The company offers on-demand supply management solutions for strategic sourcing professionals that are comprehensive, robust, and easy-to-use.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/5/2022 via BusinessWire

Esker, will acquire Market Dojo

synopsis: Esker, a global cloud platform and leader in AI-driven process automation solutions for finance and customer service functions, is to acquire Market Dojo Limited, a UK-based eProcurement software company.
buyer: Esker (ENXTPA:ALESK:$147.56)
Esker is a global cloud platform built to unlock strategic value for finance and customer service professionals, and strengthen collaboration between companies by automating the cash conversion cycle. "
target: Market Dojo
Market Dojo Limited is a UK-based eProcurement software company. Market Dojo’s eSourcing cloud solution was created to address the need for structured and digitized processes in procurement.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/29/2021 via Company Press Release

ReadyTech Holdings Limited, acquired Open Windows Software

synopsis: ReadyTech, an Australian provider of mission-critical SaaS for the education, workforce management, government and justice sectors, has acquired Open Windows Software. Based in Hawthorn, Australia, Open Windows is a provider of cloud-based contract management and procurement software.
buyer: ReadyTech Holdings Limited (ASX:RDY:$34.97)
Based in Australia, ReadyTech is a leading provider of mission-critical SaaS for the education, workforce management, government and justice sectors. ReadyTech creates technology that helps their customers navigate complexity, while also delivering meaningful outcomes. "
target: Open Windows Software
Based in Australia, Open Windows ‘Modular Procurement’ suite offers Procurement Managers nine functional modules to manage every stage of the contract lifecycle, from tenders and sourcing to contract management and supplier performance to workflow automation and project management.
price ($mm)
$3.43
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/3/2021 via BNC Analysis

Cantec Group, acquired InShip APS

synopsis: Irish technology provider Cantec has acquired Dublin-based InShip, an accounts payable automation start-up. InShip was founded in 2016 to develop plug-in services to automate accounting for businesses. Its automation technology integrates with software such as Sage, Xero, and QuickBooks.
buyer: Cantec Group
The Cantec Group is technology provider based in Waterford, Ireland. Cantec offers managed print services, software automation solutions, and graphic design and digital marketing services through its subsidiaries, Docutec, SmartOffice, and Promotive. "
target: InShip APS
Based in Ireland, InShip is a developer of Automated Accounts Payable Processing software. Fully Integrated, InShip Accounts Payable Automated Processing is a cloud-enabled system, which can be fully integrated into any ERP or accounting back-office solution.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/12/2021 via BNC Analysis

Mercell Holding AS, will acquire Ibistic Technologies

synopsis: Mercell Holding AS has signed agreements to acquire 100% of Ibistic International A/S in Denmark and its distributor CTM Solution B.V. (CTMS) in the Netherlands. Ibistic is a Nordic market leader in cloud-based invoicing and expense and travel management, with user-friendly systems for automation and integration with ERP systems.
buyer: Mercell Holding AS (OB:MRCEL-ME:$48.52)
Mercell is a leading Nordic provider of eTender system and Tender Offers. Suppliers in all industries use Mercell eTender system to find tenders and contracts in the public sector. They simplify the public procurement process and makes it easy for the buyer to interact with suppliers. "
target: Ibistic Technologies
Ibistic is a Nordic market leader in cloud-based invoicing and expense and travel management, with user-friendly systems for automation and integration with ERP systems. Since 2002 they have delivered secure and reliable cloud-based solutions for Invoice handling and Travel & Expense management.
price ($mm)
$4.41
rev ($mm)
$3
EBITDA ($mm)
EV / rev
2.2x
EV / EBITDA

Like Bellin Treasury Services Ltd


read more

Bellin Treasury Services Ltd

Salmon Software

TIPCO

Finance Active SAS

Coprocess SA

TreasuryXpress, Inc.

ecofinance Finanzsoftware & Consulting GmbH

Treasura

FXpress Corporation

Cashforce BV

Chesapeake System Solutions, Inc.

Escali Financial Systems AS

Reval

Kyriba Corporation

Transcentive, Inc.

SS&C Technologies, Inc.

Channel Companes

Charles River Systems, Inc.

LAMP Technologies LLC

SIMON Markets LLC

read more

Much-Net GmbH

Bellin Treasury Services Ltd

read more

LLamasoft

Much-Net GmbH

Bellin Treasury Services Ltd

ConnXus Inc.

Yapta

Exari

Hiperos, LLC

Aquiire

DCR Workforce

Simeno

Deep Relevance, Inc.

Riskopy, Inc.

Spend360

Contractually

TripScanner, Inc.

InvoiceSmash

Xpenser

read more

Atamis Ltd

Provade, Inc.

ExpenseWatch, Inc.

ProcureStaff Technologies

Spend Radar, LLC

Ariba, Inc.

Provade, Inc.

Ketera Technologies, Inc.

Spendency AB

Suplari, Inc.

Oversight Systems, Inc.

Spend360

Scanmarket

Cloudware, S.A.

Tecxprt

EC Sourcing Group Inc.

Market Dojo

Open Windows Software

InShip APS

Ibistic Technologies

Geography
Matching Companies
Ticker: SSNC
 
 
 
 
 
 
 
 
SS&C Technologies, Inc.
SS&C Technologies, Inc.
SS&C is a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry.
year
2022
rev ($mm)
$5,112.60
EBITDA ($mm)
$1,903.20
EBIT ($mm)
$1,239.70
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: MORN
 
 
 
 
 
 
 
 
Morningstar, Inc.
Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of Internet, software, and print-based products and services for individuals, financial advisors, and institutions.
year
2022
rev ($mm)
$1,699.30
EBITDA ($mm)
$411.60
EBIT ($mm)
$260.90
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: ASX:REV
 
 
 
 
 
 
 
 
Real Estate Investar
Real Estate Investar
Real Estate Investar is an Australian provider of products and services for property investors. Real Estate Investar helps people to find, analyse and track investment properties. Their platform provides users with all the tools, data and information they need to invest in property successfully.
year
2019
rev ($mm)
$0.59
EBITDA ($mm)
($0.38)
EBIT ($mm)
($0.63)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: TSXV:ALY
 
 
 
 
 
 
 
 
AnalytixInsight
AnalytixInsight
AnalytixInsight Inc's Big Data Analytics platform helps transform data into narratives. Their flagship product Capital Cube provides high-quality financial research and content for investors, information providers, finance portals and media.
year
2016
rev ($mm)
$1.66
EBITDA ($mm)
($1.51)
EBIT ($mm)
($1.64)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: XTRA:EQS
 
 
 
 
 
 
 
 
EQS Group AG
EQS Group AG
EQS Group is a leading international technology provider for Investor Relations, Corporate Communications and Compliance. Companies trust EQS's products and services to securely, efficiently, and simultaneously fulfill complex national and international disclosure and compliance requirements.
year
2021
rev ($mm)
$50.81
EBITDA ($mm)
$2.65
EBIT ($mm)
($0.25)
Net Income ($mm)
Employees
450
  • drill down
  • watch
Ticker: SRAX
 
 
 
 
 
 
 
 
Social Reality
Social Reality
Founded in 2010, Los Angeles-based Social Reality, Inc. is an Internet advertising company that provides tools that automate the digital advertising market. The company has built technologies and leveraged partner technologies that service social media and the real-time bidding (RTB) markets.
year
2020
rev ($mm)
$3.60
EBITDA ($mm)
($15.79)
EBIT ($mm)
($16.12)
Net Income ($mm)
Employees
35
  • drill down
  • watch
Ticker: TSX:CXI
 
 
 
 
 
 
 
 
Currency Exchange International, Corp.
Currency Exchange International, Corp.
Currency Exchange International (CXI) provides a range of foreign exchange technology and processing services. CXI offers products and services related to foreign currency exchange, as well as licensing of their proprietary FX software applications delivered on its web-based interface CEIFX.
year
2019
rev ($mm)
$39.72
EBITDA ($mm)
$7.05
EBIT ($mm)
$6.05
Net Income ($mm)
$3.74
Employees
294
  • drill down
  • watch
Ticker: BLK
 
 
 
 
 
 
 
 
BlackRock, Inc.
BlackRock, Inc.
BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. They help clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares®, and more.
year
2022
rev ($mm)
$19,374.00
EBITDA ($mm)
$8,525.00
EBIT ($mm)
$8,378.00
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: MKTX
 
 
 
 
 
 
 
 
MarketAxess Holdings, Inc.
MarketAxess Holdings, Inc.
MarketAxess operates a leading, institutional electronic trading platform delivering expanded liquidity opportunities, improved execution quality and significant cost savings across global fixed-income markets.
year
2020
rev ($mm)
$615.14
EBITDA ($mm)
$350.02
EBIT ($mm)
$321.32
Net Income ($mm)
$262.94
Employees
527
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Infront AS
Infront provides electronic trading solutions and real-time market data, news, and analytics covering financial key markets in all asset classes. Infront’s terminal, mobile apps and versatile electronic trading solutions connect professional users to their local and international markets.
year
2021
rev ($mm)
$142.28
EBITDA ($mm)
$20.65
EBIT ($mm)
$10.45
Net Income ($mm)
Employees
483
  • drill down
  • watch
Ticker: XTRA:NIIN
 
 
 
 
 
 
 
 
niiio finance group AG
niiio finance group AG
Germany-based Niiio finance group AG is a provider of cloud banking software with a focus on wealth management. As a "full-service provider", the company digitizes its customers' processes so that they can work efficiently, flexibly and legally.
year
2020
rev ($mm)
$3.09
EBITDA ($mm)
$2.27
EBIT ($mm)
$0.05
Net Income ($mm)
Employees
46
  • drill down
  • watch
Ticker: INIX.PK
 
 
 
 
 
 
 
 
iFinix Corporation
iFinix Corporation
Ifinix is a leading global provider of financial and business information to professionals and active individual investors. Building on a 20-year legacy of delivering time-sensitive financial information, Ifinix provides streaming, real-time market data, news and analytics.
year
2011
rev ($mm)
$0.54
EBITDA ($mm)
($0.26)
EBIT ($mm)
($0.27)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: PT
 
 
 
 
 
 
 
 
PINTEC
PINTEC
PINTEC is a leading independent technology platform enabling financial services in China. With its mission to "Power the Future of Finance", PINTEC aims to advance financial services by providing customizable and modular fintech solutions to its financial and business partners.
year
2018
rev ($mm)
$156.10
EBITDA ($mm)
$13.41
EBIT ($mm)
$12.65
Net Income ($mm)
$0.96
Employees
432
  • drill down
  • watch
Ticker: GB:FFA.GB
 
 
 
 
 
 
 
 
FFastFill plc
FFastFill plc
FFastFill is the leading provider of Software as a Service to the global derivatives community, using the latest developments in technology to automate trade flow processes across a firm's front, middle and back offices.
year
2011
rev ($mm)
$24.91
EBITDA ($mm)
$6.69
EBIT ($mm)
$3.39
Net Income ($mm)
$2.90
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Censof Holdings Berhad
Censof, an investment holding company, develops and markets financial management software in Malaysia and Indonesia. It operates Financial Management Software Solution, Payment Aggregation Solutions, Wealth Management Solutions, Training Solution, and Information Communication Technology segments.
year
2021
rev ($mm)
$23.76
EBITDA ($mm)
$1.17
EBIT ($mm)
$1.11
Net Income ($mm)
$4.37
Employees
329
  • drill down
  • watch
Ticker: COUP
 
 
 
 
 
 
 
 
Coupa Software
Coupa Software
Coupa Software is the cloud platform for business spend. They deliver “Value as a Service” by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability.
year
2020
rev ($mm)
$458.37
EBITDA ($mm)
($42.72)
EBIT ($mm)
($77.66)
Net Income ($mm)
Employees
1693
  • drill down
  • watch
Ticker: SQI
 
 
 
 
 
 
 
 
JAGGAER
JAGGAER
JAGGAER is a leading provider of end-to-end spend management solutions. JAGGAER offers an all-in-one procurement software platform that provides modular solutions for spend analytics, eProcurement, invoicing, sourcing, quality management, inventory management, and more.
year
2016
rev ($mm)
$106.31
EBITDA ($mm)
$9.42
EBIT ($mm)
$3.98
Net Income ($mm)
$3.21
Employees
513
  • drill down
  • watch
Ticker: ENXTBR:UPG
 
 
 
 
 
 
 
 
UnifiedPost
Unifiedpost Group wants to become the leading cloud-based platform for SME business services built on “Documents”, “Identity” and “Payments”. Unifiedpost operates and develops a 100% cloud-based platform for administrative and financial services.
year
2020
rev ($mm)
$70.52
EBITDA ($mm)
($13.98)
EBIT ($mm)
($19.53)
Net Income ($mm)
Employees
757
  • drill down
  • watch
Ticker: ASX:8CO
 
 
 
 
 
 
 
 
8common
8common
8common brings innovative enterprise software concepts to life, injecting a high-performing, product-driven culture and smart entrepreneurialism into every venture. 8common identifies, acquires and nurtures high potential businesses capable of startup agility and SaaS delivery.
year
2017
rev ($mm)
$2.91
EBITDA ($mm)
($0.12)
EBIT ($mm)
($0.41)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: LSE:HRG
 
 
 
 
 
 
 
 
Hogg Robinson plc
Hogg Robinson Group is a global corporate services provider. Through their Travel Management Company (HRG) and Technology Company (Fraedom), they help thousands of clients in over 120 countries manage their travel, expenses, payments and data.
year
2017
rev ($mm)
$431.25
EBITDA ($mm)
$58.56
EBIT ($mm)
$52.76
Net Income ($mm)
$28.70
Employees
4622
  • drill down
  • watch
Ticker: NINE
 
 
 
 
 
 
 
 
Ninetowns Internet Technology Group Company Limited
Ninetowns Internet Technology Group Company Limited
Ninetowns is a provider of online solutions for international trade, with its key services in automating import/export e-filing, as well as in providing effective and efficient business-to-business search. Ninetowns launched tootoo.com in 2007, providing vertical search and value added services.
year
2011
rev ($mm)
$75.22
EBITDA ($mm)
($21.52)
EBIT ($mm)
($41.57)
Net Income ($mm)
$3.53
Employees
509
  • drill down
  • watch
Ticker: NZSE:SKO
 
 
 
 
 
 
 
 
Serko Limited
Serko Limited
Serko is a New Zealand-based provider of online travel booking and expense management solutions. Their solutions empower organisations to manage their corporate travel programs and expense administration with powerful, intuitive online tools.
year
2018
rev ($mm)
$13.86
EBITDA ($mm)
$1.28
EBIT ($mm)
$1.13
Net Income ($mm)
$1.12
Employees
106
  • 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
2020
rev ($mm)
$54.95
EBITDA ($mm)
$9.52
EBIT ($mm)
$8.47
Net Income ($mm)
$5.93
Employees
118
  • drill down
  • watch
Ticker: OB:HOC-ME
 
 
 
 
 
 
 
 
House of Control
House of Control
House of Control is the leading Nordic SaaS company for commercial value management solutions. House of Control develops digital tools to help CFOs improve the performance of their finance department and company. They offer solutions for contract management, compliance, procurement, and more.
year
2021
rev ($mm)
$17.75
EBITDA ($mm)
($2.67)
EBIT ($mm)
($5.13)
Net Income ($mm)
Employees
135
  • drill down
  • watch
Ticker: OB:MRCEL-ME
 
 
 
 
 
 
 
 
Mercell Holding AS
Mercell Holding AS
Mercell is a leading Nordic provider of eTender system and Tender Offers. Suppliers in all industries use Mercell eTender system to find tenders and contracts in the public sector. They simplify the public procurement process and makes it easy for the buyer to interact with suppliers.
year
2021
rev ($mm)
$48.52
EBITDA ($mm)
$0.95
EBIT ($mm)
($2.79)
Net Income ($mm)
Employees
578
  • 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: APPF
 
 
 
 
 
 
 
 
AppFolio
AppFolio creates comprehensive, easy-to-use, cloud-based business software solutions for vertical markets. AppFolio's products include cloud-based property management software (AppFolio Property Manager) and cloud-based legal practice management software (MyCase).
year
2020
rev ($mm)
$288.83
EBITDA ($mm)
$22.06
EBIT ($mm)
$13.39
Net Income ($mm)
$30.65
Employees
1370
  • drill down
  • watch
Ticker: AIM:INCA
 
 
 
 
 
 
 
 
Incadea Plc
Incadea Plc
Incadea Plc is the leading provider of enterprise software solutions and services to the global automotive retail and wholesale market. With a proven industry focus and expertise, incadea is the vendor of choice for car manufacturers and their dealer networks around the world.
year
2014
rev ($mm)
$54.88
EBITDA ($mm)
$3.74
EBIT ($mm)
$3.81
Net Income ($mm)
Employees
490
  • drill down
  • watch