Tipalti Acquires Approve.com

April 12, 2021

Tipalti, the San Mateo-based payables automation platform, acquired Tel Aviv-based procurement software provider Approve.com for an undisclosed amount. The acquisition combines Approve.com's cloud procurement and purchase-order capabilities with Tipalti's AP automation to offer an end-to-end finance-to-pay solution for mid-market companies.

Buyers
Tipalti
Targets
Approve.com
Industry
Cloud & SaaS
Location
Tel Aviv District, Israel
Transaction Type
Buyout

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