M&A Deal Summary

Emburse Acquires Tripbam

On July 19, 2023, Emburse acquired internet software and services company Tripbam

Acquisition Highlights
  • This is Emburse’s 1st transaction in the Internet Software and Services sector.
  • This is Emburse’s 2nd transaction in the United States.
  • This is Emburse’s 1st transaction in Texas.

M&A Deal Summary

Date 2023-07-19
Target Tripbam
Sector Internet Software and Services
Buyer(s) Emburse
Deal Type Add-on Acquisition

Target

Tripbam

Dallas, Texas, United States
Tripbam is a provider of fully automated, always-on auditing technology to track and review corporate travel pre-trip spend, corporate negotiated discounts, and supplier contracts. Tripbam was founded in 2012 and is based in Dallas, Texas.

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Buyer(S) 1

Buyer

Emburse

United States

Category Company
Founded 2014
Sector Internet Software and Services
DESCRIPTION

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.


DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-16 DVI

Virginia Beach, Virginia, United States

DVI is a travel data expert company to deepen its analytics expertise and capabilities in travel and corporate spending. DVI matches data science and machine learning with intuitive visualizations to provide a complete view of a Company’s T&E spend. DVI was founded in 2017 and is based in Virginia Beach, Virginia.

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