Quadient to acquire Beanworks for €70m.

Quadient, an international company specialized in mailing equipment, business process automation and customer experience management, agreed to acquire Beanworks, an accounting software company in Vancouver, for €70m ($83m). "The acquisition of Beanworks completes Quadient’s software vision communicated in early 2019 to create a true end-to-end cloud-based global business communications platform. The combined strengths of Beanworks, YayPay and Quadient’s software portfolio set Quadient apart as a software leader and gives us the perfect cloud-based solutions combination to further our mission of helping companies of all sizes to digitalize and automate critical business operations. It is with great pleasure that we welcome the Beanworks team and customers to Quadient. Under Catherine Dahl’s leadership, they built a passionate community, dedicated to driving change through innovation, making it a great fit for Quadient‘s company culture," Geoffrey Godet, Quadient CEO.