M&A Deal Summary

TreviPay Acquires Apruve

On December 8, 2022, TreviPay acquired financial services company Apruve

Acquisition Highlights
  • This is TreviPay’s 1st transaction in the Financial Services sector.
  • This is TreviPay’s 1st transaction in the United States.
  • This is TreviPay’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2022-12-08
Target Apruve
Sector Financial Services
Buyer(s) TreviPay
Deal Type Add-on Acquisition

Target

Apruve

Minneapolis, Minnesota, United States
Apruve is a provider that combines A/R automation with guaranteed next-day financing on all open invoices. With Apruve, B2B suppliers in local or international markets can reduce fixed costs in A/R by over 50%, shorten DSO to one day, and create an efficient purchasing experience for their customers. Apruve was founded in 2013 and is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

TreviPay

Overland Park, Kansas, United States
Category Company
Founded 1980
Sector Financial Services
DESCRIPTION

TreviPay is a global B2B payment and invoicing network built to optimize trade between buyers and sellers. TreviPay gives clients the power to offer trade credit, and is trusted by major brands – with 80,000 selling locations – to deliver invoices with net terms and guaranteed payment across all sales and distribution channels. TreviPay was founded in 1980 and is based in Overland Park, Kansas.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

Product

Company

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