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M&A Deal Summary

Certify Acquires Emburse

On July 29, 2019, Certify acquired internet software and services company Emburse

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

M&A Deal Summary
Date 2019-07-29
Target Emburse
Sector Internet Software and Services
Buyer(s) Certify
Deal Type Add-on Acquisition

Target

Emburse

United States
Emburse LLC is a provider of virtual and physical cards for business expenses and vendor payments. Emburse alleviates major pain points experienced in all businesses by providing virtual and physical credit cards with built in spend enforcement and expense reconciliation, vastly reducing the hours required from both employees and finance departments.

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Buyer(S) 1

Buyer

Certify

Portland, Maine, United States
Category Company
Founded 2008
Sector Internet Software and Services
DESCRIPTION

Certify is an online travel and expense management solution for companies of all sizes. Organizations worldwide book travel and complete expense reports quickly, easily, and cost-effectively using Certify cloud and mobile applications. Certify was founded in 2008 and is based in Portland, Maine.

DEAL STATS #
Overall 5 of 5
Sector: Internet Software and Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 3 of 3
Country: United States M&A 3 of 3
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-05 Chrome River Technologies

Los Angeles, California, United States

Chrome River Technologies, Inc. is a provider of online expense reporting and automated invoice processing software. Chrome River delivers immediate payback via a “Software as a Service” delivery model that requires no hardware, no software, and no long-term commitment. Chrome River Technologies was established in 2007 and is based in Los Angeles, California.

Buy $1.0B
Mergr

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