Bottomline Technologies acquires Sterci SA & Simplex GTP Ltd ($125.4m)

BDO.LiveSite.Deals.DealTypeTransaction Services
BDO.LiveSite.Deals.IndustryTechnology & Media

Bottomline Technologies is a leading provider of cloud-based payment, invoice and banking solutions and through these acquisitions has added two leading providers of financial messaging solutions utilising the SWIFT global messaging network on behalf of more than 350 customers across 20 different countries.         

Although previously we had carried out a number of due diligence assignments for the Company, this deal represented a significant escalation in size compared to previous transactions. We acted as investigative accountants and mobilised the team to deliver reports that were well received by all parties under tight timescale.

“We have now worked with BDO on a number transactions and value the relationship we have built with the team there. BDO have always provided an excellent service and product, and, importantly, are able to mobilise UK and international teams in short order and deliver to pressurised timetables.”          

Paul Dharwar (Finance Director EMEA)