HomeBankingThoma Bravo: Snaps up US fintech Bottomline in $2.6bn deal

Thoma Bravo: Snaps up US fintech Bottomline in $2.6bn deal

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Thoma Bravo: Snaps up US fintech Bottomline in $2.6bn deal

  • Thoma Bravo is one of the largest private equity firms in the world, with more than $91 billion in assets
  • Bottomline Technologies makes complex business payments simple, smart, and secure
  • The agreement will see the firm’s shareholders receive around $57 per share in cash
  • Resources will allow his firm to “invest in continued innovation and accelerate go-to-market efforts” as it sets its sights on further growth
  • Bottomline claims to help “businesses and financial institutions pay and get paid”, providing e-payment
  • It also offers cash management, fraud detection, behavioral analytics, and regulatory compliance solutions.
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