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Bottomline Acquires Nexus Systems

Sep 13, 2022

Acquiring Company

Bottomline

Acquired Company

Nexus Systems

PhiladelphiaInformation TechnologyFinancial ServicesSoftwareFinanceFintechSoftwareReal Estate

Description

Bottomline, a leading provider of financial technology that makes business payments simple, smart, and secure, today announced its acquisition of Nexus Systems, a leading provider of accounts payable (AP) and payments automation software for the real estate and property management industries.

Quick answer

Bottomline is acquiring Nexus Systems, announced September 13, 2022.

How much did Bottomline pay for Nexus Systems?
The deal value was not disclosed.
What does Bottomline do?
Bottomline makes business payments simple, smart and secure for businesses and financial institutions, of all sizes, all over the world.
Where are Bottomline and Nexus Systems based?
Nexus Systems is based in Philadelphia, Pennsylvania, United States.

Source: Fundz verified event record.

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Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Bottomline

About

Bottomline makes business payments simple, smart and secure for businesses and financial institutions, of all sizes, all over the world. More than 10,000 corporate customers, 1,400 commercial and business banks, including 15 of the top 25 global banks, rely on our industry-recognized payment and software platforms to accelerate digital transformation in a complex world of business payments and financial management. Bottomline solutions touch customers and payments in 92 countries across six continents. Our teams serve the world from primary locations in the United States, the United Kingdom, Switzerland, Israel, India, Australia and Singapore. Bottomline is a portfolio company of Thoma Bravo, a highly respected software-centric private equity firm with over $122 billion in assets under management. For more information visit www.bottomline.com.

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Frequently asked

Who acquired Nexus Systems?

Nexus Systems was acquired by Bottomline. The deal was reported on September 13, 2022. Bottomline makes business payments simple, smart and secure for businesses and financial institutions, of all sizes, all over the world. Bottomline is privately held and operates in Information Technology.

When did Bottomline acquire Nexus Systems?

Bottomline's acquisition of Nexus Systems was reported on September 13, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Nexus Systems do?

Nexus provides the fastest way for real estate companies to ditch paper checks and send secure payments to their suppliers. It is privately held, operating in Software, and is based in Philadelphia.

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