Basware Acquires AP Matching

May 8, 2024

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.

Buyers
Basware
Targets
AP Matching
Industry
Cloud & SaaS
Location
United Kingdom
Transaction Type
Buyout

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