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Basware Announces Firm Intention To Make An Offer To Acquire Glantus Holdings Plc

Aug 14, 2023

Acquiring Company

Basware

Acquired Company

Glantus

EspooInformation TechnologyFinancial ServicesSoftwareSaaSEnterprise SoftwareFintechInformation TechnologySoftwareEnterprise SoftwareAnalytics

Description

Genesis Bidco Limited, a wholly-owned subsidiary of Basware, a leader in making AP automation and invoice processing happen, today announced its firm intention to make an offer to purchase the entire share capital of Glantus Holdings PLC (LSE: GLAN). The Glantus Board unanimously recommends the offer.

Quick answer

Basware is acquiring Glantus, announced August 14, 2023. Basware is based in Espoo, Uusimaa, Finland.

How much did Basware pay for Glantus?
The deal value was not disclosed.
What does Basware do?
Basware is how finance leaders in global enterprises can finally automate their complex, labor-intensive invoice processes and stay compliant with regulatory change.
Where are Basware and Glantus based?
Basware is based in Espoo, Uusimaa, Finland.
Who are the decision-makers at Basware?
Fundz holds 4 contacts at Basware. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Basware

Location

Espoo, Uusimaa, Finland

About

Basware is how finance leaders in global enterprises can finally automate their complex, labor-intensive invoice processes and stay compliant with regulatory change. Our AP automation and invoicing platform helps you achieve a new level of efficiency – in a matter of months – while reducing errors and risks. We bring a unique combination of true automation, complete coverage, and deeper expertise to make it all just happen for our customers. That's why the world's most efficient AP departments at thousands of companies rely on Basware to handle over 170 million invoices per year. Basware. Now it all just happens.TM

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Frequently asked

Who acquired Glantus?

Glantus was acquired by Basware, based in Espoo. The deal was reported on August 14, 2023. Basware is how finance leaders in global enterprises can finally automate their complex, labor-intensive invoice processes and stay compliant with regulatory change. Basware is privately held and operates in Information Technology.

When did Basware acquire Glantus?

Basware's acquisition of Glantus was reported on August 14, 2023. Genesis Bidco Limited, a wholly-owned subsidiary of Basware, a leader in making AP automation and invoice processing happen, today announced its firm intention to make an offer to purchase the entire share capital of Glantus Holdings PLC (LSE: GLAN). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Glantus do?

Glantus is a global provider of accounts payable automation and analytics solutions. The Glantus mission is to simplify data to drive constant innovation. It is privately held, operating in Information Technology.

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