BTRS - Mergers and acquisitions

Acquisition Further Expands Global Reach for AR Automation and B2B Integrated Payments Leader   Billtrust (NASDAQ:BTRS), a B2B accounts receivable (AR) automation and integrated payments leader, announced today it has acquired Netherlands-based Order2Cash, a leading B2B order-to-cash platform provider. The acquisition follows the October 2021 purchase of iController, broadening the company's European footprint, global presence and ability to expand its innovative Business Payments Network (BPN). For over 20 years, each company has pursued a similar vision to streamline and accelerate B2B payments for its customers. Now, those customers will gain access to a broader platform of SaaS module

Acquisition Establishes Strategic European Presence for AR Automation and B2B Integrated Payments Leader Billtrust (NASDAQ:BTRS), a B2B accounts receivable (AR) automation and integrated payments leader, announced today it has acquired iController, a leading B2B provider of intelligent solutions for collections management, for $58 million, financed with cash on hand. Founded in 2007, Belgium-based iController's software-as-a-service (SaaS) offering enables a wide range of users, from credit and collections managers to CFOs, to see information and communication in real time, providing visibility into cash flow management. "Acquiring a great company like iController is consistent with our g