Transaction · B2B Payments · 2021

Glantus / Meridian Cost Benefit 2021

Glantus Holdings acquired Meridian Cost Benefit on November 26, 2021.

Target
Meridian Cost Benefit
Acquirer
Glantus Holdings
Announced
November 26, 2021
Sub-sector
B2B Payments

Transaction overview

  • Glantus Holdings announced the acquisition of Meridian Cost Benefit on November 26, 2021.

Strategic rationale

Acquire accounts payable software expertise and government/semi-state customer relationships in EMEA, plus sales talent to support group expansion.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 26, 2021
Acquirer
Glantus Holdings (Strategic)
Sub-sector
B2B Payments

Sources

  • lse.co.uk /media/aim-fintech-glantus-holdings-successfully-rolling-out-buy-and-build-strategy-says-ceo-maurice-healy.html