M&A Deal Summary

Brex Acquires Pry

On April 19, 2022, Brex acquired software company Pry for 90M USD

Acquisition Highlights
  • This is Brex’s 2nd transaction in the Software sector.
  • This is Brex’s largest (disclosed) transaction.
  • This is Brex’s 6th transaction in the United States.
  • This is Brex’s 5th transaction in California.

M&A Deal Summary
Date 2022-04-19
Target Pry
Sector Software
Buyer(s) Brex
Deal Type Add-on Acquisition
Deal Value 90M USD

Target

Pry

San Francisco, California, United States
website
Pry is a software platform with tools designed to enable budgeting, bookkeeping, and forecasting, based in San Francisco, California.

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Buyer(S) 1

Buyer

Brex

San Francisco, California, United States

website

Category Company
Founded 2017
Sector Financial Services
DESCRIPTION

Brex, Inc. is rebuilding B2B financial products, starting with a corporate credit card for technology companies. The company helps startups of all sizes (from recently incorporated to later-stage companies) to instantly get a credit card that has 20x higher limits, completely automates expense management, kills receipt tracking and magically integrates with their accounting systems. Brex was formed in 2017 and is based in San Francisco, California.

DEAL STATS #
Overall 6 of 6
Sector (Software) 2 of 2
Type (Add-on Acquisition) 6 of 6
State (California) 5 of 5
Country (United States) 6 of 6
Year (2022) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-17 Weav Technologies

New York, New York, United States

Weav Technologies offers a universal API for commerce platforms. Weav Technologies is based in New York.

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