Bottomline Acquires Nexus Systems

September 13, 2022

Bottomline has acquired Nexus Systems, a provider of accounts payable and payments automation software for the real estate and property management industries. The deal—from prior investor Mainsail Partners—will fold Nexus capabilities and suppliers into Bottomline's Paymode‑X network to extend procure‑to‑pay and B2B payments capabilities across the real estate vertical; terms were not disclosed.

Buyers
Bottomline Technologies
Targets
Nexus Systems
Sellers
Mainsail Partners
Location
Virginia, United States
Transaction Type
Buyout

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