M&A Deal Summary

Tipalti Acquires Statement

On June 17, 2025, Tipalti acquired financial services company Statement

Acquisition Highlights
  • This is Tipalti’s 1st transaction in the Financial Services sector.
  • This is Tipalti’s 2nd transaction in the United States.

M&A Deal Summary

Date 2025-06-17
Target Statement
Sector Financial Services
Buyer(s) Tipalti
Deal Type Add-on Acquisition

Target

Statement

United States
Statement is an AI-powered treasury solution transforming financial operations for global businesses. Seamlessly connecting with banks, ERPs, PSPs, and other financial systems, leveraging advanced AI and machine learning, Statement enriches financial data, automates workflows, and provides real-time visibility into cash positions, dynamic cash flow forecasting, and transaction categorization—all without the need for IT resources.

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Buyer(S) 1

Buyer

Tipalti

San Mateo, California, United States

Category Company
Founded 2010
Sector Software
DESCRIPTION

Tipalti is a provider of payables automation solutions to streamline all phases of the AP and payment management workflow in one holistic cloud platform. Tipalti makes it painless for accounts payable departments to manage their entire supplier payments operation. The solution addresses everything from supplier onboarding and vetting, to tax and regulatory compliance, invoice processing, payments to suppliers anywhere in the world in a wide range of payment methods and currencies, supplier payment status communications, to closing the loop with payment reconciliation and reporting. Tipalti was formed in 2010 and is based in San Mateo, California.


DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-12 Approve

Dover, Delaware, United States

Approve is a procurement operations platform that helps businesses streamline purchasing workflows and vendor interactions, and gain critical insights into company spend. Approve introduces automation to procurement operations and frees up managers to focus on strategic initiatives, while providing a seamless user experience that drives collaboration and adoption. Approve transforms procurement processes in modern companies and was built to be highly scalable while providing a seamless user experience to employees, budget owners, and vendors. Approve was formed in 2019 and is based in Dover, Delaware.

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