Thoma Bravo / Bottomline Technologies 2021
Thoma Bravo acquired Bottomline Technologies for $2.6B on December 17, 2021.
- Target
- Bottomline Technologies
- Acquirer
- Thoma Bravo
- Deal value
- $2.6B
- Announced
- December 17, 2021
- Sub-sector
- B2B Payments
Transaction overview
- Thoma Bravo announced the acquisition of Bottomline Technologies on December 17, 2021 for $2.6B.
- The deal is expected to close pending customary conditions.
Strategic rationale
PE acquisition of accounts-payable automation and digital banking platform to expand fintech portfolio and drive continued innovation.
Deal terms & multiples
Frequently asked questions
How much did Thoma Bravo pay for Bottomline Technologies?
Thoma Bravo acquired Bottomline Technologies for $2.6B, announced on December 17, 2021.
When did Thoma Bravo announce the acquisition of Bottomline Technologies?
Thoma Bravo announced the acquisition of Bottomline Technologies on December 17, 2021.
What sub-sector is Bottomline Technologies in?
Bottomline Technologies is tracked in the B2B Payments sub-sector.
Sources
- invezz.com /news/2021/12/17/bottomline-technologies-shares-up-15-on-friday-what-happened/