Transaction · Treasury / Cash Management · 2022

Thoma Bravo / Bottomline 2022

Thoma Bravo acquired Bottomline for $2.6B on January 1, 2022.

Target
Bottomline
Acquirer
Thoma Bravo
Deal value
$2.6B
Announced
January 1, 2022
Sub-sector
Treasury / Cash Management

Transaction overview

  • Thoma Bravo announced the acquisition of Bottomline on January 1, 2022 for $2.6B.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Acquire enterprise payments and cash management automation software to capitalize on fintech digitization trends and banking digital transformation.

Deal terms & multiples

Deal value
$2.6B
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
January 1, 2022
Acquirer
Thoma Bravo (PE)

Frequently asked questions

How much did Thoma Bravo pay for Bottomline?

Thoma Bravo acquired Bottomline for $2.6B, announced on January 1, 2022.

When did Thoma Bravo announce the acquisition of Bottomline?

Thoma Bravo announced the acquisition of Bottomline on January 1, 2022.

What sub-sector is Bottomline in?

Bottomline is tracked in the Treasury / Cash Management sub-sector.

Sources

  • fool.com /investing/2022/12/22/here-are-the-acquisitions-thoma-bravo-made-in-2022/