Announced
Completed
Synopsis
Great Hill Partners-backed Versapay, a financial technology company, completed the acquisition of DadeSystems, an automated AR software provider, from Ten Coves Capital, a private equity firm. Financial terms were not disclosed. "We are very excited to welcome DadeSystems' employees, customers, and partners to Versapay. Versapay and DadeSystems have enjoyed a successful partnership for some time, and most importantly we share a common vision for the digitization of the AR process. Together, we can accomplish even more to close the digital transformation gap in AR, optimizing our clients' cash flow and driving operational efficiencies," Craig O'Neill, Versapay CEO.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.