Press releases
Thoma Bravo Completes Acquisition of Bottomline
PORTSMOUTH, N.H. and SAN FRANCISCO – May 13, 2022 – Bottomline Technologies (“Bottomline” or the “Company”), a leading provider of financial technology that makes complex business payments simple, smart and secure, today announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, in an all-cash transaction valued at approximately $2.6 billion. The transaction was previously announced on December 17, 2021 and approved by Bottomline stockholders at the Special Meeting of Stockholders held on March 8, 2022.
Banks and Corporates Face Greater Risk From Internal Factors, Finds the 2022 Treasury Fraud & Controls Survey
PORTSMOUTH, NH (March 22, 2022) – Today, Bottomline and Strategic Treasurer announced the 2022 Treasury Fraud & Controls Survey results, highlighting findings of corporate and banking experiences, plans, and actions regarding fraud. It is the 7th annual survey between the two firms, whose research partnership also includes the annual B2B Payments Survey.
Entris Banking Enhances Payment Connectivity With Bottomline
GENEVA, SWITZERLAND – Bottomline (NASDAQ:EPAY), a leading provider of financial technology that makes complex business payments and financial messaging simple, smart and secure, today announced that ENTRIS BANKING AG, a new Swiss customer, has selected Bottomline’s SaaS-based payment connectivity platform to provide customers with an enhanced, more flexible domestic and international payment experience.
Bottomline to be Acquired by Thoma Bravo for $2.6 Billion
PORTSMOUTH, N.H. – Bottomline Technologies (Nasdaq: EPAY), a leading provider of financial technology that makes complex business payments simple, smart and secure, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, in an all-cash transaction that values Bottomline at approximately $2.6 billion. Upon completion of the transaction, Bottomline will become a privately held company.
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About Bottomline
Bottomline helps make complex business payments simple, smart, and secure. Corporations and banks rely on Bottomline for domestic and international payments, efficient cash management, automated workflows for payment processing and bill review, and state of the art fraud detection, behavioural analytics and regulatory compliance solutions. Thousands of corporations around the world benefit from Bottomline solutions. Headquartered in Portsmouth, NH, Bottomline delights customers through offices across the U.S., Europe, and Asia-Pacific. For more information visit www.bottomline.com.
