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Announced

Completed

G Squared led a $270m Series F funding round in Tipalti.

Financials

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Transaction Value£204m
Consideration TypeCash
Capital Owned-
Capital Bid For3%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Minority

Acquisition

Domestic

Private Equity

Payments / Commerce

payables automation

United States

Private

Completed

Friendly

payments solutions

FinTech

fintech

Synopsis

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G Squared, a private equity investment firm, led a $270m Series F funding round in Tipalti, an accounting software financial technology business. Additional investors include Marshall Wace, Counterpoint Global - Morgan Stanley, Zeev Ventures, Durable Capital Partners and 01 Advisors. “This latest investment will enable Tipalti to add more to our product lines and capabilities in the next 18 months than we have over the past 10 years combined. The broader challenge of financial operations for high growth and mid-market companies encompasses many problems and challenges they have and that creates more opportunity for us to monetize," Chen Amit, Tipalti CEO and Co-Founder.

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