Announced
Completed
Financials
Tags
Majority
payment data
Acquisition
Single Bidder
Completed
Domestic
Software
Private
United States
service solutions
Friendly
Private Equity
Synopsis
Ontario Systems, a provider of enterprise software, completed the acquisition of SwervePay, an innovative payment facilitator in the ARM and healthcare industries. Financial terms were not disclosed. “The most important part of the accounts receivable operation is completing the final step—capturing and processing the payment—as smoothly as possible. Together, Ontario Systems and SwervePay will remove an unnecessary point of complexity in the receivables process by unifying the workflow, consumer communications, and revenue capturing tools into one streamlined platform," Jaeme Adams, SwervePay CEO.
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