M&A Deal Summary

Bill.com Acquires Finmark

On November 3, 2022, Bill.com acquired software company Finmark

Acquisition Highlights
  • This is Bill.com’s 2nd transaction in the Software sector.
  • This is Bill.com’s 3rd transaction in the United States.
  • This is Bill.com’s 1st transaction in District of Columbia.

M&A Deal Summary
Date 2022-11-03
Target Finmark
Sector Software
Buyer(s) Bill.com
Deal Type Add-on Acquisition

Target

Finmark

Washington, District of Columbia, United States
Finmark is a financial planning software provider that simplifies financial planning and cash flow insights for SMBs. Finmark is based in Washington, District of Columbia.

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Buyer(S) 1

Buyer

Bill.com

Palo Alto, California, United States
Category Company
Founded 2006
Sector Internet Software and Services
Employees2,521
Revenue 1.1B USD (2023)
DESCRIPTION

Bill.com is a provider of cloud-based software that simplifies, digitizes, and automates complex, back-office financial operations for small and midsize businesses. The company's AI-enabled, financial software platform creates connections between businesses and their suppliers and clients. Bill.com was formed in 2006 and is based in Palo Alto, California.

DEAL STATS #
Overall 3 of 3
Sector (Software) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (District of Columbia) 1 of 1
Country (United States) 3 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-19 Invoice2go

Palo Alto, California, United States

Invoice2go is a technology company that empowers freelancers and small businesses with straightforward tools that simplify their day-to-day workflow. The software enables users to grow their client base, manage invoicing and payments, maintain financial wellness, build their brand, and much more. Invoice2go was founded in 2002 and is based in Palo Alto, California.

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