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New Deal


Announced

Mainsail Partners-backed GTreasury to acquire Coprocess.

Financials

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

Tags

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Switzerland

Pending

Private

Friendly

Acquisition

Private Equity

Diversified Financials

Cross Border

intercompany netting

Majority

Single Bidder

Synopsis

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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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