Windsor Drake
Transaction · Treasury / Cash Management · 2021

Stripe / Recko 2021

Stripe acquired Recko on October 21, 2021.

Target
Recko
Acquirer
Stripe
Announced
October 21, 2021
Sub-sector
Treasury / Cash Management

Transaction overview

  • Stripe announced the acquisition of Recko on October 21, 2021.

Strategic rationale

Expand Stripe's financial tools suite with automated payments reconciliation for high-transaction-volume businesses.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
October 21, 2021
Acquirer
Stripe (Strategic)
Sub-sector
Treasury / Cash Management

Sources

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