Like TreasuryXpress, Inc.

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)
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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)
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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)
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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)
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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)
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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)
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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)
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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)
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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)
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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)
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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)
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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)
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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)
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closed 8/2/2022 via BusinessWire

iCapital Network, acquired SIMON Markets LLC

synopsis: iCapital, the leading global fintech platform driving access and efficiency in alternative investing, has acquired 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)
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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)
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announced 12/17/2021 via GlobeNewswire

Thoma Bravo, LLC, will acquire Bottomline Technologies

synopsis: Bottomline Technologies, a leading provider of financial technology that makes complex business payments simple, smart and secure, has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm.
buyer: Thoma Bravo, LLC
Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. Thoma Bravo partners with a company’s management team to implement operating best practices, invest in growth initiatives and make acquisitions intended to accelerate revenue and earnings. "
target: Bottomline Technologies (EPAY:$482.64)
Bottomline makes complex business payments simple and secure. Corporations and banks rely on Bottomline for domestic and international payments, cash management, automated workflows for payment processing and bill review, fraud detection, behavioral analytics, and regulatory compliance solutions.
price ($mm)[EV]
$2,574 [$2,616]
rev ($mm)
$483
EBITDA ($mm)
$46
EV / rev
5.4x
EV / EBITDA
56.8x
closed 11/9/2021 via GlobeNewswire

Bottomline Technologies, acquired Bora Payment Systems

synopsis: Bottomline, a leading provider of financial technology that makes complex business payments simple, smart and secure, has acquired Bora Payments Systems, which offers Payer Direct Hub, a patented payment service that facilitates B2B commercial card payments based on an emerging payment topology referred to as 'Buyer-Initiated Payments' (BIP).
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline makes complex business payments simple and secure. Corporations and banks rely on Bottomline for domestic and international payments, cash management, automated workflows for payment processing and bill review, fraud detection, behavioral analytics, and regulatory compliance solutions. "
target: Bora Payment Systems
Bora Payments Systems offers Payer Direct Hub, a patented payment service that facilitates B2B commercial card payments based on an emerging payment topology referred to as 'Buyer-Initiated Payments' (BIP).
price ($mm)
$15
rev ($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)
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announced 5/10/2019 via BNC Analysis

Bottomline Technologies, will acquire BankSight

synopsis: Bottomline Technologies Inc. has entered into a definitive Agreement and Plan of Merger with BankSight Software Systems, Inc., a Delaware Corporation. BankSight is an early-stage technology company that develops and markets a Software as a Service-based customer engagement and growth platform for banks and credit unions.
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline Technologies helps corporations and banks with domestic and international payments, efficient cash management, automated workflows for payment processing and bill review, and state of the art fraud detection, behavioral analytics and regulatory compliance solutions. "
target: BankSight
BankSight is The First Intelligent Banking Customer Engagement Application 100% built for banks and credit unions. BankSight consolidates and analyzes the data financial institutions have to help understand customer and household relationships to deliver personalized AI-driven recommendations.
price ($mm)
$4.58
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/14/2017 via BNC Analysis

Bottomline Technologies, acquired Decillion Solutions

synopsis: Bottomline Technologies acquired Singapore-based Decillion Group, one of the leading financial messaging solution providers in the Asia Pacific region. They operate a SWIFT service bureau which connects more than 130 financial institutions and corporations to the SWIFT community.
buyer: Bottomline Technologies (EPAY:$482.64)
Businesses and banks rely on Bottomline for domestic and international payments, effective cash management tools, automated workflows for payment processing and bill review and state of the art fraud detection, behavioral analytics and regulatory compliance. "
target parent: NEC Corp.
target: Decillion Solutions
Decillion Group is a systems integrator and solutions provider focused on providing “Software as a Service” (SaaS) and financial messaging solutions in the Asia-Pacific region. They operate a SWIFT service bureau which connects 130 financial institutions and corporations to the SWIFT community.
price ($mm)
$4.60
rev ($mm)
EBITDA ($mm)
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announced 1/13/2015 via BNC Analysis

Bottomline Technologies, will acquire Intellinx Ltd.

synopsis: Bottomline Technologies entered into a Securities Purchase Agreement with Intellinx Ltd., a leading provider of cyber fraud and risk management solutions. Headquartered in Israel, Intellinx customers include some of the world’s leading banks and government agencies.
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline Technologies provides cloud-based payment, invoice and digital banking solutions to corporations, financial institutions and banks around the world. The company's solutions are used to streamline, automate and manage processes involving payments and transactional documents. "
target: Intellinx Ltd.
Intellinx is a leading provider of cyber fraud and risk management solutions, that protect organizations from internal and external fraud and data theft. Intellinx is an innovative software product providing an anti-fraud and compliance platform.
price ($mm)
$67
rev ($mm)
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announced 3/31/2014 via GlobeNewswire

Bottomline Technologies, will acquire Andera, Inc

synopsis: Bottomline Technologies, a leading provider of cloud-based payment, invoice and digital banking solutions, announced it will acquire Andera, a provider of innovative customer acquisition solutions that enables financial institutions to accelerate revenue growth through their intuitive online account opening and customer engagement capabilities.
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline Technologies provides cloud-based payment, invoice and digital banking solutions to corporations, financial institutions and banks around the world. The company's solutions are used to streamline, automate and manage processes involving payments and transactional documents. "
target: Andera, Inc
Andera is a Software as a Service company that simplifies account opening and lending for banks and credit unions with its award-winning oFlows platform. The company has opened millions of accounts for hundreds of banks and credit unions across the nation.
price ($mm)
$44
rev ($mm)
EBITDA ($mm)
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closed 1/30/2014 via GlobeNewswire

Bottomline Technologies, acquired Rationalwave

synopsis: Bottomline Technologies acquired Rationalwave Analytics. Rationalwave Analytics is an early stage predictive analytics company. Predictive analytics understands the past, explains the present, and predicts the future of one’s business by using advanced mathematical techniques for statistics, modeling, machine learning, and data mining.
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline Technologies provides collaborative payment, invoice and document automation solutions to corporations, financial institutions and banks around the world. The solutions are used to streamline, automate and manage processes involving payments, invoicing, global cash management and more. "
target parent: Bottomline Technologies
target: Rationalwave
Rationalwave Analytics is an early stage predictive analytics company. Predictive analytics understands the past, explains the present, and predicts the future of one’s business by using advanced mathematical techniques for statistics, modeling, machine learning, and data mining.
price ($mm)
$7.98
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/20/2013 via BusinessWire

Bottomline Technologies, acquired Sterci

synopsis: Bottomline Technologies, a leading provider of cloud-based payment, invoice and banking solutions, announced the acquisition of Swiss-based Sterci SA. These leading providers of financial messaging solutions utilize the SWIFT global messaging network on behalf of more than 350 customers across 20 different countries.
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline Technologies provides collaborative payment, invoice and document automation solutions to corporations, financial institutions and banks around the world. The solutions are used to streamline, automate and manage processes involving payments, invoicing, global cash management and more. "
target: Sterci
Sterci is a Swiss-based organization providing financial messaging, reconciliation, market data integration solutions and cloud-based services to 330 clients across 20 different countries. Sterci partners with financial institutions to improve business processes and to reduce overall risk.
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announced 8/20/2013 via BusinessWire

Bottomline Technologies, will acquire Simplex GTP Ltd

synopsis: Bottomline Technologies, a leading provider of cloud-based payment, invoice and banking solutions, announced the signing of an agreement to purchase London-based Simplex GTP Ltd. Simplex is an organization which provides cloud-based services in financial messaging and reconciliation to several major leading corporations.
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline Technologies provides collaborative payment, invoice and document automation solutions to corporations, financial institutions and banks around the world. The solutions are used to streamline, automate and manage processes involving payments, invoicing, global cash management and more. "
target: Simplex GTP Ltd
Simplex GTP is a trusted global transaction platform provider and is the major ‘white-label’ managed services payments provider to some of the largest global transaction banks.
price ($mm)
$5.40*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/14/2012 via BNC Analysis

Bottomline Technologies, will acquire Albany Software Ltd.

synopsis: Bottomline Technologies, Inc., entered into a Share Purchase Agreement pursuant through which it has agreed to acquire, through a UK subsidiary, the outstanding share capital of Albany Software Limited, a UK based provider of payment software.
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline Technologies provides collaborative payment, invoice and document automation solutions to corporations, financial institutions and banks around the world. The solutions are used to streamline, automate and manage processes involving payments, invoicing, global cash management and more. "
target: Albany Software Ltd.
Formed in 1989, Albany Software is an award-winning financial solutions developer and the UK's leading supplier of Bacs payments software.
price ($mm)
$31
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/5/2011 via BusinessWire

Bottomline Technologies, acquired Logical Progression Group, Inc.

synopsis: Bottomline Technologies announced the expansion of its healthcare technology suite with an agreement to acquire substantially all of the assets of Logical Progression, an early stage company focused on the development of mobile document automation solutions for the healthcare industry.
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline Technologies provides collaborative payment, invoice and document automation solutions to corporations, financial institutions and banks around the world. The solutions are used to streamline, automate and manage processes involving payments, invoicing, global cash management and more. "
target: Logical Progression Group, Inc.
Logical Ink® is the core offering of Logical Progression, a healthcare technology company that provides mobile documentation software for hospitals, clinics and clinical trials. The company has focused on delivering innovative, tablet-based software solutions for healthcare and life sciences.
price ($mm)
$1.45
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/5/2011 via BusinessWire

Bottomline Technologies, acquired IDT Ltd.

synopsis: Bottomline Technologies announced its acquisition of IDT Ltd., a longtime partner and reseller of Bottomline’s document automation solutions in the United Kingdom and Europe. The acquisition extends Bottomline’s market reach and adds more than 140 customers to Bottomline’s customer base.
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline Technologies provides collaborative payment, invoice and document automation solutions to corporations, financial institutions and banks around the world. The solutions are used to streamline, automate and manage processes involving payments, invoicing, global cash management and more. "
target: IDT Ltd.
IDT Ltd. focuses on business process improvement – supplying software and services that assist its clients to work more efficiently, establish greater control and comply with regulations or best practices.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/30/2011 via BusinessWire

Bottomline Technologies, will acquire Allegient Systems

synopsis: Bottomline Technologies has agreed to acquire Allegient Systems, a provider of advanced capabilities for legal e-billing, bill review and analytics. Allegient’s proprietary Software as a Service (SaaS) platform and value-added turnkey solutions will complement and extend Bottomline’s Legal eXchange™ portfolio.
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline Technologies provides collaborative payment, invoice and document automation solutions to corporations, financial institutions and banks around the world. The solutions are used to streamline, automate and manage processes involving payments, invoicing, global cash management and more. "
target parent: H.I.G. Capital
target: Allegient Systems
Allegient Systems is a provider of advanced capabilities for legal e-billing, bill review and analytics. Its web based offering delivers collaboration, efficiency and productivity to the litigation management process.
price ($mm)[EV]
$46 [$42]
rev ($mm)
$14
EBITDA ($mm)
$3
EV / rev
3.4x
EV / EBITDA
16.7x
closed 2/22/2011 via BusinessWire

Bottomline Technologies, acquired Direct Debit Limited

synopsis: Bottomline Technologies, a leading provider of collaborative payment, invoice and document automation solutions, has announced the acquisition of Direct Debit Limited, a London-based provider of payments automation software for direct debits and receivables management for corporations, banks, financial institutions and government organizations.
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline Technologies provides collaborative payment, invoice and document automation solutions to corporations, financial institutions and banks around the world. The solutions are used to streamline, automate and manage processes involving payments, invoicing, global cash management and more. "
target: Direct Debit Limited
Direct Debit Limited is a London-based provider of payments automation software for direct debits and receivables management for corporations, banks, financial institutions and government organizations.
price ($mm)
$11
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/27/2010 via BusinessWire

Bottomline Technologies, acquired SMA Financial

synopsis: Bottomline Technologies, a leading provider of collaborative payment, invoice and document automation solutions, announced the acquisition of SMA Financial, a London-based provider of Software as a Service (SaaS) connectivity to SWIFT for the automation of payments and financial messaging.
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline Technologies provides collaborative payment, invoice and document automation solutions to corporations, financial institutions and banks around the world. The solutions are used to streamline, automate and manage processes. "
target: SMA Financial
SMA Financial was founded in 1995 and focuses on providing SWIFT related services and software. Headquartered in London, SMA Financial is the established SWIFT Regional Partner for the UK, Ireland and the Channel Islands.
price ($mm)
$7.94
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/21/2008 via

Bottomline Technologies, acquired Optio Software, Inc.

synopsis: Bottomline Technologies, a leading provider of collaborative payment, invoice and document automation solutions, announced it has entered into an agreement to acquire Optio Software, a provider of technology solutions for improving the efficiency of document-intensive processes.
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline Technologies is a leading global technology provider of Financial Resource Management software. Our comprehensive Suite of FRM offerings enable businesses and financial institutions to more effectively manage their critical financial transactions. "
target: Optio Software, Inc.
Optio Software with more than 5,500 clients, worldwide, provides software solutions dedicated to automating, managing and controlling the entire lifecycle of document-intensive processes, while extending the value of their Enterprise Resource Planning (ERP) and Hospital Information Systems.
price ($mm)[EV]
$41 [$32]
rev ($mm)
$27
EBITDA ($mm)
EV / rev
1.4x
EV / EBITDA
closed 10/16/2006 via Company Press Release

Bottomline Technologies, acquired FormScape, Inc.

synopsis: Bottomline Technologies, a leading provider of payments and invoice automation software and services, announced that it has acquired privately-held FormScape Group Ltd. for $22 million, comprised of $17 million in cash and $5 million in Bottomline common stock.
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline Technologies is a leading global technology provider of Financial Resource Management software. Our comprehensive Suite of FRM offerings enable businesses and financial institutions to more effectively manage their critical financial transactions. "
target: FormScape, Inc.
FormScape is the leading provider of Document Process Automation solutions. FormScape solutions integrate people, processes, documents, and business systems to substantially cut costs, improve information visibility, and ensure better control of business documents.
price ($mm)
$22
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/24/2006 via BNC Analysis

Bottomline Technologies, acquired Tranmit Plc

synopsis: Bottomline Technologies (NASDAQ: EPAY), a leading provider of payments and invoice automation software and services, today announced that it has completed the acquisition of UK-based Tranmit Plc, a provider of Web-based purchase-to-pay automation solutions. The addition of Tranmit's invoice management capabilities further enhances the company's abi
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline Technologies is a leading global technology provider of Financial Resource Management software. Our comprehensive Suite of FRM offerings enable businesses and financial institutions to more effectively manage their critical financial transactions. "
target parent: Bottomline Technologies
target: Tranmit Plc
Tranmit plc supplies eProcurement and ePayables solutions to leading organisations across the globe and is the developer of the award-winning Sprinter suite of products. Sprinter is a modular solution that adds value to your existing finance/ERP and purchasing systems.
price ($mm)
$9.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/24/2006 via BusinessWire

Bottomline Technologies, acquired Tranmit Plc

synopsis: Bottomline Technologies, a leading provider of payments and invoice automation software and services, today announced that it has completed the acquisition of UK-based Tranmit Plc, a provider of Web-based purchase-to-pay automation solutions.
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline Technologies is a leading global technology provider of Financial Resource Management software. Our comprehensive Suite of FRM offerings enable businesses and financial institutions to more effectively manage their critical financial transactions. "
target: Tranmit Plc
Tranmit plc supplies eProcurement and ePayables solutions to leading organisations across the globe and is the developer of the award-winning Sprinter suite of products. Sprinter is a modular solution that adds value to your existing finance/ERP and purchasing systems.
price ($mm)
$9.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/13/2022 via BNC Analysis

Romanian Business Consult Srl, acquired Smartpay Software SRL

synopsis: Romanian Business Consult (RBC), the local market leader in IT solutions for modern retail and banking, has completed the acquisition of SmartPay Software (SPS), a software entrepreneur with major expertise in developing solutions for the payment processing industry.
buyer: Romanian Business Consult Srl
Romanian Business Consult (RBC), based in Romania, is the local market leader in IT solutions for modern retail and banking. They provide the retail companies with integrated solutions to continuously improve sales, store efficiency and customer experience. "
target: Smartpay Software SRL
SmartPay is a Romanian company founded in 2010 by a team with more than 10 years of extensive experience in electronic payments. The goal is to create innovative solutions and gain share on a local market dominated by a few major players.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/16/2022 via Company Press Release

EPTI, acquired Linky

synopsis: EPTI AB (publ), a global venture builder, has acquired a majority stake in Linky Tech AB, a parking and charging station management platform in Sweden. Linky provides a Platform-as-a-Service solution that enables companies, operators and landowners to easily manage, maintain and handle payments for their parking and charging stations.
buyer: EPTI (OM:EPTI:$11.42)
EPTI is a global venture builder. EPTI invests capital and operational support for companies, entrepreneurs and founders to build leading companies under the motto “We Empower Innovation”. The companies in EPTI’s portfolio are in the segments of Gaming, Fintech, Marketplace, SaaS and Services. "
target: Linky
Linky is a parking and charging station management platform in Sweden. Linky provides a Platform-as-a-Service solution that enables companies, operators and landowners to easily manage, maintain and handle payments for their parking and charging stations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/6/2022 via PR Newswire

Vericheck Inc., acquired ACHWorks

synopsis: VeriCheck, Inc. (VCI) has acquired Applied Payments, LLC, doing business as ACHWorks, a technology company and Automated Clearing House (ACH) payment services provider. VCI will integrate ACHWorks' team and technologies to provide clients with a full spectrum of payments services and fintech solutions to help businesses grow.
buyer: Vericheck Inc.
VeriCheck is a secure, all-in-one payment processing solution for any size business. Whether processing at the point of sale, through a website, via fax, email, or even over the phone, VeriCheck helps businesses safely accept payments and manage transactions. "
target: ACHWorks
ACHWorks is a provider of sophisticated payment technology that facilitates the processing of commercial transactions through the Automated Clearing House (ACH) Network. Its systems facilitate a full menu of ACH payments applicable to a diverse number of business environments.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/3/2022 via BusinessWire

REPAY - Realtime Electronic Payments, acquired Payix

synopsis: Repay Holdings Corporation, a leading provider of vertically-integrated payment solutions, has acquired Payix, a leading omni-channel payment technology platform providing solutions that facilitate payments, data exchange, and communication to support customer service and collection efforts in loan repayment verticals.
buyer: REPAY - Realtime Electronic Payments (RPAY:$198.50)
REPAY provides integrated payment processing solutions to verticals that have specific transaction processing needs. REPAY's proprietary, integrated payment technology platform reduces the complexity of electronic payments for merchants, while enhancing the overall experience for consumers. "
target: Payix
Payix helps lenders and loan servicers improve their ability to engage with borrowers and collect payments. Using Payix's technology, lenders and loan servicers can instantly communicate with borrowers across multiple channels and secure qualified promises, one-time and scheduled payments.
price ($mm)
$95
rev ($mm)
$15
EBITDA ($mm)
$6
EV / rev
7.7x
EV / EBITDA
19.2x
closed 12/29/2021 via Company Press Release

Visma Advantage, acquired Avalosys Oy

synopsis: Visma, a leading provider of mission-critical business software, has acquired innovative Finnish multi-banking software provider Avalosys Oy. Avalo is a multi-bank software company developing automated payment solutions for companies and public administration organizations.
buyer parent: Kohlberg Kravis Roberts
buyer: Visma Advantage
Norway-based Visma is a leading provider of mission-critical business software. The group comprises five business areas which are Visma Software, Visma BPO Accounting & Payroll, Visma Procurement & Collecting, Visma Retail and Visma System Development & Integration. "
target: Avalosys Oy
Avalo is a multi-bank software company developing automated payment solutions for companies and public administration organizations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/17/2021 via GlobeNewswire

Thoma Bravo, LLC, will acquire Bottomline Technologies

synopsis: Bottomline Technologies, a leading provider of financial technology that makes complex business payments simple, smart and secure, has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm.
buyer: Thoma Bravo, LLC
Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. Thoma Bravo partners with a company’s management team to implement operating best practices, invest in growth initiatives and make acquisitions intended to accelerate revenue and earnings. "
target: Bottomline Technologies (EPAY:$482.64)
Bottomline makes complex business payments simple and secure. Corporations and banks rely on Bottomline for domestic and international payments, cash management, automated workflows for payment processing and bill review, fraud detection, behavioral analytics, and regulatory compliance solutions.
price ($mm)[EV]
$2,574 [$2,616]
rev ($mm)
$483
EBITDA ($mm)
$46
EV / rev
5.4x
EV / EBITDA
56.8x
closed 9/29/2021 via BNC Analysis

Market Pay Europe, acquired Dejamobile S.A.S.

synopsis: Market Pay, the European and omni-channel payment platform, announces the acquisition of Dejamobile, a French fintech leader in mobile and connected equipment payment solutions. Dejamobile develops digital transaction software solutions targeting the payment, transport and retail industries.
buyer parent: AnaCap Financial Partners LLP
buyer: Market Pay Europe
Market Pay is a European payment service provider created to meet the challenges of omnichannel trade. Thanks to its deep understanding of the payment value chain, Market Pay supports retailers in the deployment of end to end innovative and simplified payment solutions. "
target: Dejamobile S.A.S.
Dejamobile develops digital transaction software solutions targeting the payment, transport and retail industries. Its white-labelled solutions are marketed globally to merchants, banks, fintechs and merchant service providers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/15/2021 via PR Newswire

FortisPay, acquired OmniFund

synopsis: Fortis Payment Systems, LLC (FortisPay), a payment technology leader for businesses, independent software vendors (ISVs), and developers, has acquired OmniFund, whose cloud-based Payments-as-a-Platform solution is leveraged by software and enterprise resource planning ERP solutions across the country.
buyer: FortisPay
FortisPay provides commerce technology and merchant solutions to businesses and software developers nationwide. FortisPay's proprietary gateway provides state-of-the-art connectivity solutions for hundreds of business owners, software developers, and channel partners. "
target: OmniFund
OmniFund provides simple solutions to complex payment problems for businesses of all sizes. OmniFund's Payments as a Platform is a customizable solution with robust features, and the tools businesses need to create a fully-integrated and seamless payment processing experience for their customers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/25/2021 via GlobeNewswire

Sift, will acquire Chargeback

synopsis: Sift is to acquire Chargeback, the pioneer in real-time dispute management for merchants. Chargeback is redefining dispute management through an SaaS-based platform that helps businesses recover lost time and revenue while transforming any negative customer interaction into one that drives brand loyalty and increases acceptance rates.
buyer: Sift
Sift is the leader in Digital Trust & Safety, empowering companies of all sizes to unlock revenue without risk. Sift prevents fraud with industry-leading technology and expertise, an unrivaled global data network, and a commitment to building long-term partnerships with their customers. "
target: Chargeback
Chargeback is redefining dispute management through an SaaS-based platform that helps businesses recover lost time and revenue while transforming any negative customer interaction into one that drives brand loyalty and increases acceptance rates.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/22/2021 via GlobeNewswire

Quadient SA, will acquire BeanWorks

synopsis: France-based Quadient, a leader in helping businesses create meaningful customer connections through digital and physical channels, will acquire Beanworks, a fast-growing market leader headquartered in Vancouver specializing in Software as a Service (SaaS) Accounts Payable Automation solutions.
buyer: Quadient SA (ENXTPA:NEO:$1,076.29)
France-based Quadient is a leader in helping businesses create meaningful customer connections through digital and physical channels. The company focuses on four key solution areas, Customer Experience Management, Business Process Automation, Mail-Related Solutions, and Parcel Locker Solutions. "
target: BeanWorks
Based in Canada, Beanworks is an essential all-in-one cloud-based accounts payable (AP) automation solution for the world’s accounting teams. Beanworks helps companies transform their AP workflows from end to end and gives accounting teams complete control over their AP processes remotely.
price ($mm)
$84*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/18/2020 via BusinessWire

Mogo Inc., will acquire Carta Worldwide

synopsis: Mogo Inc., a Canadian financial technology company, will acquire Toronto-based Carta Worldwide, a leader in providing next-gen digital payments solutions. The combination creates one of Canada’s largest vertically integrated fintech companies and expands Mogo’s addressable market by entering into the global digital payments market.
buyer: Mogo Inc. (TSX:MOGO:$17.91)
Mogo, a Canadian financial technology company, offers a finance app that empowers consumers with simple solutions to help them get in control of their financial health and be more mindful of the impact they have on society and the planet. "
target: Carta Worldwide
Toronto-based Carta Worldwide is a leader in providing next-gen digital payments solutions. Carta delivers secure and scalable solutions enabling optimal control and configuration, along with open developer tools for unlimited potential.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/16/2020 via BNC Analysis

Doxim Solutions, acquired Striata, Inc.

synopsis: Global digital communication and security specialist Striata announced the sale of its business to customer communications and engagement technology company Doxim. Striata, Inc. provides secure document delivery, electronic communications & eMarketing solutions.
buyer parent: GI Partners
buyer: Doxim Solutions
Doxim is the customer communications and engagement technology leader serving financial and regulated markets, providing omnichannel document solutions and transforming experiences to strengthen engagement throughout the entire lifecycle. "
target: Striata, Inc.
Striata, Inc. provides secure document delivery, electronic communications & eMarketing solutions. Their electronic delivery solutions dramatically increase customer adoption of paperless bills, statements, policies, marketing & other high volume system-generated documents.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/8/2020 via BNC Analysis

Celero Commerce, acquired FlashBanc

synopsis: Celero Commerce, a vertically-focused commerce solutions provider, has acquired FlashBanc, a leading provider of electronic payments technology and loyalty solutions. The acquisition builds upon Celero's strategy of providing industry-leading payment processing, business management software, data insights, and customer support to SMB customers.
buyer: Celero Commerce
Celero is a full-service, integrated electronic commerce solutions provider powered by leading-edge technology, strategic partnerships, and business intelligence. The company offers payment processing services, business management software, and data intelligence to small and medium-sized businesses."
target: FlashBanc
FlashBanc is a provider of electronic payments technology and loyalty marketing software. The company's solutions empower businesses to perform better by accepting electronic payments, increasing cash flow, viewing real-time reports, and growing their businesses using social marketing tools.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/26/2020 via BNC Analysis

CheckOut.com, will acquire ProcessOut

synopsis: Checkout.com, a company that helps companies accept more payments around the world through one integration, will be acquiring ProcessOut, a company that helps SaaS & e-commerces monitor & optimize their payment performance
buyer: CheckOut.com
Based in GB, Checkout.com helps companies accept more payments around the world through one integration. Their unified global payment processing platform features in-country acquiring, relevant payment methods, feature parity across geographies, fraud filters, and reporting features, via one API. "
target: ProcessOut
ProcessOut helps SaaS & e-commerces monitor & optimize their payment performance. Top online merchants use ProcessOut's payment monitoring solution to assess, benchmark & improve their authorization rates & to optimize payment fees.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/13/2019 via BNC Analysis

Bashtel, acquired DartIT

synopsis: Bashtel, the largest telecommunications company in Bashkortostan, has acquired DartIT, a specialized software developer in Russia. DartIT's AMPLOS platform offers end-to-end sales process support solutions. Their platform provides solutions for payment, sales management, inventory management, e-commerce, and more.
buyer parent: Rostelecom
buyer: Bashtel (MISX:BISV:$89.45)
Bashtel is the largest telecommunications company in Bashkortostan. Bashtel provides internet, television, and telephony services to private and business customers. Bashtel utilizes the latest technologies and equipment to provide their customers with high quality services. "
target: DartIT
DartIT is a specialized software developer in Russia. DartIT's AMPLOS platform offers end-to-end sales process support solutions. Their platform provides solutions for payment, sales management, inventory management, e-commerce, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/31/2019 via BusinessWire

American Express Company, will purchase acompay from ACOM Solutions, Inc.

synopsis: American Express will acquire acompay, a digital payment automation platform from ACOM Solutions, Inc. acompay was developed as a digital payment automation solution for accounts payable (AP) departments. acompay integrates with enterprise resource planning or accounting systems and supports check, automated clearing house (ACH), and card payments.
buyer: American Express Company (AXP:$34,260.00)
The American Express Company, also known as Amex, is an American multinational financial services corporation. American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. "
seller: ACOM Solutions, Inc.
acompay was developed in 2016 as a digital payment automation solution for accounts payable (AP) departments. The platform integrates with enterprise resource planning or accounting systems and supports check, automated clearing house (ACH), and card payments.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/24/2019 via GlobeNewswire

IMImobile Pvt Ltd., will acquire 3C Interactive

synopsis: Global communications software provider IMImobile PLC, will acquire 3Cinteractive Corp, a cloud-based mobile customer engagement platform company. 3Cinteractive provides many mobile engagement capabilities to enterprises, including mobile messaging, mobile coupons, mobile wallet, mobile web, and more.
buyer: IMImobile Pvt Ltd. (AIM:IMO:$219.10)
UK-based IMImobile is a communications software provider whose solutions enable enterprises to automate digital customer communications and interactions to improve customer experience and reduce operating costs "
target: 3C Interactive
3Cinteractive (3C) empowers leading brands and retailers to develop deeper, more valuable relationships with their customers. Through its mobile marketing services, 3C extends the connection between customers and brands, driving increased loyalty, brand awareness, and results.
price ($mm)
$53
rev ($mm)
$34
EBITDA ($mm)
$3
EV / rev
1.6x
EV / EBITDA
17.7x
closed 7/10/2019 via Company Press Release

Royal Bank of Canada, acquired WayPay

synopsis: Royal Bank Canada, a global financial institution, has acquired WayPay, a cloud-based payments fintech from Burlington, Ontario that offers business clients a best-in-class solution for accounts payable automation and payment optimization.
buyer: Royal Bank of Canada (TSX:RY:$32,412.73)
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, they have a diversified business model with a focus on innovation. "
target: WayPay
WayPay is a cloud-based payments fintech that offers business clients a best-in-class solution for accounts payable automation and payment optimization. By seamlessly connecting to leading accounting platforms, WayPay specializes in helping companies reduce their payables pain points.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/9/2019 via BusinessWire

Elavon, acquired CenPOS

synopsis: Elavon, a global payments provider and subsidiary of U.S. Bancorp, has acquired CenPOS, a Miami-based company offering integrated payment software solutions to large enterprises. CenPOS focuses on three industry verticals: automotive, travel and entertainment (T&E), and general business-to-business transactions.
buyer parent: U.S. Bancorp
buyer: Elavon
Elavon is global merchant payment processing provider and subsidiary of Minneapolis-based U.S. Bancorp. From e-commerce to mobile wallets and chip card acceptance, Elavon helps businesses, small and large, accept all payment types – and reap the benefits at the end of the day. "
target: CenPOS
CenPOS is a Miami-based company offering integrated payment software solutions to large enterprises. CenPOS focuses on three industry verticals: automotive, travel and entertainment (T&E), and general business-to-business transactions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/8/2018 via PE Hub

Edenred, will acquire Corporate Spending Innovations

synopsis: Edenred, the world leader in transactional solutions for companies, employees and merchants, will acquire Corporate Spending Innovations (“CSI”), one of the leading providers of automated corporate payment software in North America. CSI's cloud-based accounts payable software automates and streamlines B2B payments for over 800 companies.
buyer: Edenred (ENXTPA:EDE:$1,462.59)
Edenred is the world leader in transactional solutions for companies, employees and merchants. Edenred's solutions provide increased purchasing power for employees, optimized expense management for companies and additional business for affiliated merchants. "
target: Corporate Spending Innovations
Founded in 1989, Corporate Spending Innovations (CSI) is one of the leading providers of automated corporate payment software in North America. CSI's cloud-based accounts payable software automates and streamlines B2B payments for over 800 companies.
price ($mm)
$600
rev ($mm)
EBITDA ($mm)
$26
EV / rev
EV / EBITDA
23.1x

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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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Ticker: EPAY
 
 
 
 
 
 
 
 
Bottomline Technologies
Bottomline Technologies
Bottomline Technologies provides cloud-based payment, invoice and digital banking solutions to corporations, financial institutions and banks around the world. The company's solutions are used to streamline, automate and manage processes involving payments and transactional documents.
year
2021
rev ($mm)
$482.64
EBITDA ($mm)
$36.38
EBIT ($mm)
($6.31)
Net Income ($mm)
Employees
2344
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Ticker: PRTH
 
 
 
 
 
 
 
 
Priority Technology Holdings Inc.
Priority Technology Holdings Inc.
Priority Technology Holdings, Inc. operates as a blank check company. The Company is formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, and recapitalization.
year
2020
rev ($mm)
$396.43
EBITDA ($mm)
$51.79
EBIT ($mm)
$14.67
Net Income ($mm)
$19.50
Employees
584
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Ticker: QIWI
 
 
 
 
 
 
 
 
Qiwi plc
Qiwi plc
QIWI is a leading provider of next generation payment services in Russia and the CIS. It has an integrated proprietary network that enables payment services across physical, online and mobile channels.
year
2017
rev ($mm)
$325.45
EBITDA ($mm)
$91.38
EBIT ($mm)
$81.02
Net Income ($mm)
$47.31
Employees
1375
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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
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Ticker: ASX:NOV
 
 
 
 
 
 
 
 
Novatti
Novatti
Novatti is a global software technology company that specialises in unique payment solutions. Both through technology and services, Novatti helps economies, corporations, and consumers digitize cash transactions. Their solutions include digital wallets, branchless banking, mobile money, and more.
year
2021
rev ($mm)
$13.80
EBITDA ($mm)
($5.17)
EBIT ($mm)
($5.80)
Net Income ($mm)
Employees
0
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Ticker: OTCPK:MYEC
 
 
 
 
 
 
 
 
MyECheck
MyECheck Inc. is a leading electronic payment technology developer and payment services provider. MyECheck provides comprehensive payment systems for all payment applications including mobile payments and the industry's most advanced security and fraud control technologies.
year
2014
rev ($mm)
$0.78
EBITDA ($mm)
EBIT ($mm)
($0.01)
Net Income ($mm)
$0.16
Employees
4
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Ticker: OTCPK:SMKG
 
 
 
 
 
 
 
 
SmartCard Marketing Systems Inc.
SmartCard Marketing Systems Inc.
SmartCard Marketing Systems Inc. develops EMV Payment, Check21, Mwallet & Incentive solutions for Issuer & Acquirer Banks, Telecom & Global Enterprise with Retail and Ecommerce Merchant portfolio.
year
2019
rev ($mm)
$0.19
EBITDA ($mm)
EBIT ($mm)
($0.34)
Net Income ($mm)
Employees
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Ticker: CSRH
 
 
 
 
 
 
 
 
Consorteum Holdings, Inc.
Consorteum Holdings, Inc.
Consorteum Holdings provides technology solutions and management expertise to companies and organizations looking to develop, streamline or augment their methods of processing payment transactions. It operates as a technology and services aggregator to meet the diverse needs of its client base.
year
2009
rev ($mm)
EBITDA ($mm)
($1.04)
EBIT ($mm)
($1.04)
Net Income ($mm)
Employees
6
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Ticker: AIM:PROX
 
 
 
 
 
 
 
 
Proxama Ltd.
Proxama Ltd.
Proxama are experts in NFC payments, ticketing and NFC and proximity marketing. Proxama's primary focus is on developing contactless payment solutions for mobiles through product development consultancy, systems integration and product licensing.
year
2014
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
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Ticker: CNSX:XIGM
 
 
 
 
 
 
 
 
Xigem
Xigem
Xigem is a leading technology provider for the remote economy in Canada. Xigem provides organizations with the tools necessary to manage employees, assets, consumers, users and business operations remote working environment. They offer mobile digital payment and fulfilment solutions.
year
2021
rev ($mm)
EBITDA ($mm)
($0.27)
EBIT ($mm)
($0.31)
Net Income ($mm)
Employees
0
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Ticker: SVT.ASX
 
 
 
 
 
 
 
 
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
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Ticker: TSXV:BTL
 
 
 
 
 
 
 
 
Blockchain Tech LTD
Blockchain Tech LTD
BTL is a technology company whose current business is focused on developing blockchain technologies to disrupt and transform existing industries. Technology is developed in-house and through BTL's incubator and accelerator programs, based in Vancouver, British Columbia.
year
2015
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
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Ticker: ASX:BPS
 
 
 
 
 
 
 
 
BPS Technology
Based in Australia, BPS Technology is a fast growing group of companies that strategically combine their marketing and payments platforms, trading, deals and rewards platforms through 91 offices in 8 countries to attract more customers to merchants.
year
2017
rev ($mm)
$85.63
EBITDA ($mm)
$4.23
EBIT ($mm)
$1.51
Net Income ($mm)
Employees
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Ticker: PAY
 
 
 
 
 
 
 
 
Paymentus Corporation
Paymentus Corporation
Paymentus is a leading provider of cloud-based bill payment technology and solutions. The company's omni-channel platform provides consumers with easy-to-use, flexible and secure electronic bill payment experiences through their preferred payment channel and type.
year
2021
rev ($mm)
$346.16
EBITDA ($mm)
$19.83
EBIT ($mm)
$17.33
Net Income ($mm)
$10.46
Employees
843
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Ticker: AIM:ECK
 
 
 
 
 
 
 
 
Eckoh Plc
Eckoh Plc
Eckoh is a global provider of secure payment products and customer service solutions, working with organizations in over 10 countries around the world. Their range of secure payment products removes customer card data from contact centres and IT environments.
year
2016
rev ($mm)
$29.47
EBITDA ($mm)
$6.90
EBIT ($mm)
$3.21
Net Income ($mm)
$2.54
Employees
136
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