Accel-KKR, Long Path Partners and Briarwood Complete Tender Offer to Take Basware Private

Basware Acquires AP Matching

May 8, 2024

Cloud & SaaS

Basware, a global accounts-payable automation leader backed by Accel-KKR, has acquired UK-based AP Matching (formerly Statement Matching). The deal adds AP Matching’s cloud-based statement reconciliation platform and managed SAP-focused services to Basware’s invoice-processing suite to improve accuracy, integrate managed services, and expand capabilities for enterprise finance teams.

Accel-KKR Acquires Springbrook Software from Accela

January 7, 2020

Cloud & SaaS

Accel-KKR, a technology-focused private equity firm, has acquired Springbrook Software, a provider of cloud-based ERP, finance, payroll and utility billing software for local governments. The carve-out from Accela will let Springbrook operate as an independent company with increased investment to accelerate product innovation, customer care and growth across North America.

Cambrian Innovation Acquires Baswood

February 6, 2020

Environmental Services

Cambrian Innovation, a Watertown, Massachusetts-based provider of distributed wastewater treatment and resource recovery solutions, has acquired Baswood, a technology-focused wastewater and biosolids management company. The acquisition expands Cambrian's installed base, broadens its solution set for industrial wastewater and biosolids management, and adds Baswood's customer relationships across food & beverage and resort development markets.

Basware Acquires Glantus

October 18, 2023

Payments & Fintech

Basware completed the acquisition of Glantus Holdings plc, acquiring the entire share capital under a scheme sanctioned by the High Court of Ireland and effective October 18, 2023. The deal brings Glantus’ AI-driven audit recovery, overpayment and invoice fraud detection capabilities into Basware’s AP automation and e-invoicing platform to expand fraud-detection and cost-recovery offerings for finance teams.

Bridgepoint Acquires Majority Stake in Kyriba

March 28, 2019

Cloud & SaaS

Bridgepoint, an international private equity firm, agreed to invest $160 million to acquire a majority stake in Kyriba, valuing the cloud treasury and finance software provider at $1.2 billion. The capital will fund product innovation, customer support and global expansion, while several existing investors (Upfront Ventures, Bpifrance, SumeruEquity Partners and HSBC) realize exits and some investors (Daher Capital, Iris Capital and CEO Jean‑Luc Robert) remain invested.

Basware Acquires Redmap

December 17, 2025

Software

Basware, a global leader in invoice lifecycle management, has acquired Redmap, an Australian accounts payable (AP) automation software provider. The acquisition expands Basware's AP capabilities in the APAC region and gives Redmap access to Basware's AI-driven platform and global resources to scale its solutions for middle-market and enterprise customers.