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M&A Deal Summary

Basware Acquires AP Matching

On May 8, 2024, Basware acquired internet software and services company AP Matching

Acquisition Highlights
  • This is Basware’s 3rd transaction in the Internet Software and Services sector.
  • This is Basware’s 4th transaction in the United Kingdom.

M&A Deal Summary
Date 2024-05-08
Target AP Matching
Sector Internet Software and Services
Buyer(s) Basware
Deal Type Add-on Acquisition

Target

AP Matching

Corby, United Kingdom
AP Matching is a provider of cloud-based solutions for managing invoices and reconciling statements. Its platform reconciles buyer and supplier statements and delivers matched invoices to customers' Enterprise Resource Planning (ERP) or Source to Pay (S2P) systems, requiring minimal input from the AP team. AP Matching was founded in 2013 and is based in Corby, England.

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Buyer(S) 1

Buyer

Basware

Espoo, Finland
Category Company
Founded 1985
Sector Internet Software and Services
DESCRIPTION

Basware Corp. is a provider of networked purchase-to-pay solutions, e-invoicing and innovative financing services. Basware was founded in 1985 and is based in Espoo, Finland.

DEAL STATS #
Overall 9 of 9
Sector: Internet Software and Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 7 of 7
Country: United Kingdom M&A 4 of 4
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-18 Glantus

Gloucestershire, United Kingdom

Glantus is a provider of ERP and productivity software to the manufacturing industry. The company offers a full suite of products specifically designed to optimise the supply chain, as well as providing expert consultancy, development, implementation, and support. Glantus was founded in 1987 and is based in Gloucestershire, England.

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