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Trevipay Announces Acquisition Of Baton Financial Services, Inc.

Feb 23, 2022•almost 4 years ago

Acquiring Company

TreviPay

Acquired Company

Baton Systems, Inc.

FremontFinancial Services

Description

TreviPay, a global financial technology company, today announced its acquisition of BATON Financial Services, Inc. (“Baton”), a technology company which has built a unique, innovative B2B invoice payments network. To meet the trade credit needs of small businesses, Baton’s payments network has enabled the seamless delivery of structured financial services in partnership with financial institutions​. This successful acquisition is part of TreviPay’s ongoing, global expansion plan to make B2B payments faster and more flexible for its clients.

Company Information

Company

TreviPay

About

TreviPay is a global financial technology company specializing in payment and credit management for B2B companies through custom omni-channel payments solutions. We support merchants by streamlining the purchasing experience and supporting increased customer interaction in B2B Commerce, facilitating $6 billion USD in transactions per year in 18 currencies for customers in more than 27 countries. To learn more about TreviPay, please visit TreviPay.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed