DocuPhase (backed by LoneTree Capital) Acquires Clearwater Payments
April 12, 2021
DocuPhase, a LoneTree Capital‑backed business process automation platform, has acquired Clearwater Payments, a Dallas‑based cloud electronic billing and payments provider. The add‑on expands DocuPhase’s AP/AR automation suite to deliver end‑to‑end accounts payable and receivable payment capabilities for enterprise clients in banking, insurance, and utilities.
- Buyers
- DocuPhase, LoneTree Capital
- Targets
- Clearwater Payments
- Platforms
- DocuPhase
- Industry
- Payments & Fintech
- Location
- Texas, United States
- Transaction Type
- Addon
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