Basware Acquires Glantus
October 18, 2023
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.
- Buyers
- Basware
- Targets
- Glantus Holdings plc
- Sellers
- Glantus Holdings plc shareholders
- Industry
- Payments & Fintech
- Location
- Dublin, Ireland
- Transaction Type
- Buyout
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