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New Deal


Announced

Completed

Billtrust completed the acquisition of Order2Cash from Anachron Beheer.

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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Acquisition

FinTech

Completed

Cross Border

financial software

Private

Netherlands

Friendly

Majority

Single Bidder

Synopsis

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Billtrust, a provider of cloud-based software and integrated payment processing solutions, completed the acquisition of Order2Cash, a developer of a cash processes management platform built to manage the entire order to cash cycle, from Anachron Beheer. Financial terms were not disclosed. “We are thrilled to welcome Frank Hoekstra, Marco Eeman and the Order2Cash team into the Billtrust family. This strategic acquisition aligns perfectly with our growth plan of expanding globally with companies that offer complementary expertise, shared values and local market presence. Our EU team now exceeds 100 members, serving more than 700 customers, and is accelerating our global expansion," Steve Pinado, Billtrust President.

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