Announced
Financials
Tags
Switzerland
Pending
Private
Friendly
Acquisition
Private Equity
Diversified Financials
Cross Border
intercompany netting
Majority
Single Bidder
Synopsis
Mainsail Partners-backed GTreasury, a treasury and risk management platform provider, agreed to acquire Coprocess, an intercompany netting provider. Financial terms were not disclosed. "Like Coprocess, GTreasury has long been a trusted technology partner to organizations around the world. They understand that continual innovation is critical to ensuring treasurers can do their jobs faster, with more accurate foresight, and as cost-efficiently to their businesses as possible. We share these aims, and look forward to a great future for Coprocess within GTreasury. We are excited to put our comprehensive netting solution into the hands of more treasurers," Andrew Goldie, Coprocess CEO.
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