.
MergerLinks Header Logo

Announced

Main Capital-backed Onventis completed the acquisition of WorkFlowWise.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Majority

expense management

Acquisition

Private Equity

Private

Completed

workflow automation

Friendly

Software

Single Bidder

Netherlands

Synopsis

Edit

Main Capital-backed Onventis, a cloud provider, completed the acquisition of WorkFlowWise, a cloud-based provider for workflow automation, invoicing and expense management. Financial terms were not disclosed. "We were immediately impressed by their smart invoicing solutions, their customer references and the deep process know-how they have developed over the years. The combination of our product portfolios will significantly improve our e-procurement offering especially in the fast growing market for fully automated invoicing solutions," Frank Schmidt, Onventis CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US