Billtrust Acquires iController
October 12, 2021
Billtrust (NASDAQ: BTRS) acquired iController, a Belgium-based SaaS collections management provider, for $58 million in a cash transaction. The deal expands Billtrust's presence in Europe and enhances its global collections and AR automation capabilities, with iController's team continuing to operate from Ghent and Amsterdam.
- Buyers
- Billtrust
- Targets
- iController
- Industry
- Cloud & SaaS
- Location
- East Flanders, Belgium
- Transaction Type
- Buyout
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