Global Payments Acquires MineralTree
September 8, 2021
Global Payments Inc. has agreed to purchase MineralTree for $500 million in cash. The acquisition expands Global Payments’ B2B payments and software-led accounts payable automation capabilities, with closing expected in Q4 2021 subject to approvals.
- Buyers
- Global Payments Inc.
- Targets
- MineralTree
- Sellers
- an investor group led by Great Hill Partners, .406 Ventures and Eight Roads Ventures
- Industry
- Cloud & SaaS
- Location
- United States
- Transaction Type
- Buyout
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