Who buys Treasury / Cash Management companies?
The most active acquirers of Treasury / Cash Management companies tracked by Windsor Drake are Thoma Bravo, Loomis, and Coupa, based on 4 sourced transactions since 2020.
Most active acquirers of Treasury / Cash Management companies
| Acquirer | Type | Treasury / Cash Management deals | Most recent in sector |
|---|---|---|---|
| Thoma Bravo | PE | 1 | Bottomline |
| Loomis | Strategic | 1 | Transportadora del Interior |
| Coupa | Strategic | 1 | Tonkean |
| Ripple | Strategic | 1 | GTreasury |
Recent Treasury / Cash Management acquisitions
| Target | Acquirer | Value | Date |
|---|---|---|---|
| Transportadora del Interior | Loomis | $1.0B | June 18, 2026 |
| Tonkean | Coupa | $1.0B | May 22, 2026 |
| GTreasury | Ripple | $1.0B | October 16, 2025 |
| Bottomline | Thoma Bravo | $2.6B | January 1, 2022 |
Frequently asked questions
Who are the most active acquirers of Treasury / Cash Management companies?
The most active acquirers of Treasury / Cash Management companies tracked by Windsor Drake are Thoma Bravo, Loomis, and Coupa, based on 4 sourced transactions since 2020.
Do private equity firms buy Treasury / Cash Management companies?
Yes. Private-equity and PE-backed buyers active in Treasury / Cash Management include Thoma Bravo. Of the tracked Treasury / Cash Management acquirers, 3 are strategic and 1 are financial buyers.
What do Treasury / Cash Management companies sell for?
Across 4 tracked Treasury / Cash Management transactions, disclosed deal value totals $5.6B. Individual outcomes vary with growth, margin, and strategic fit. Windsor Drake advises Treasury / Cash Management founders on positioning to the right acquirers to maximize value.
Selling a Treasury / Cash Management company? Talk to Windsor Drake about positioning to the right acquirers. This buyer data is drawn from Windsor Drake Market Intelligence and updated as new deals are sourced.