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Announced

TreviPay to acquire Apruve.

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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invoice financing

Acquisition

Friendly

Pending

Majority

Domestic

credit management

Financial Data and Systems

Private

Single Bidder

United States

Synopsis

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TreviPay, a global B2B payments and invoicing solutions company, agreed to acquire Apruve, a payment solutions provider. Financial terms were not disclosed. "In Apruve, we have found a team that approaches the market in a likeminded way and shares our vision of simplifying the way B2B suppliers get paid. We anticipate a seamless transition as Apruve brings their customers to TreviPay, and as we continue to provide innovative ways for B2B customers to buy more with invoice-based purchasing," Brandon Spear, TreviPay CEO.

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