Acquisitions

Acquisitions
HubSpot to Add Conversational Intelligence With Frame AI Acquisition
December 06, 2024

HubSpot has signed an agreement to acquire Frame AI, saying it aims to help go-to-market teams “transform conversations into actionable intelligence.” Frame AI’s artificial intelligence (AI)-powered conversation intelligence platform uses unstructured data like emails, calls, meetings and conversations to provide insights and intelligence that enable businesses to...

Acquisitions
Corpay Expands Corporate Payments Business With Acquisition of GPS
December 02, 2024

Corporate payments company Corpay has completed the acquisition of B2B cross-border solutions provider GPS Capital Markets. The company announced its plans to acquire GPS Capital Markets in June, a month after saying it signed a definitive agreement to acquire accounts payable (AP) automation solutions provider...

Acquisitions
Deel Bolsters Payment Infrastructure in Europe With Atlantic Money Acquisition
December 02, 2024

Global human resources (HR) and payroll product provider Deel has acquired London-based money transfer service Atlantic Money. “This acquisition aims to strengthen Deel’s payment infrastructure in Europe and integrate Atlantic Money’s FinTech expertise into the company,” Deel said in a Wednesday (Nov. 27) announcement. In Atlantic Money’s own announcement of...

Acquisitions
Envestnet Finalizes $4.5 Billion Go-Private Deal With Bain Capital
November 25, 2024

Wealth technology provider Envestnet has officially become a private company. The firm announced Monday (Nov. 25) that it had closed its acquisition by affiliates of vehicles managed or advised by Bain Capital, a deal worth roughly $4.5 billion. “This represents an exciting new chapter in...

Acquisitions
Celero Commerce Bolsters Retail Presence With Precision Payments Purchase
November 24, 2024

Tennessee-based financial services firm Celero Commerce has acquired electronic payments technology provider Precision Payments. With the deal, announced in a news release earlier this month, Celero’s annual card processing volume in North America is expected to surpass $28 billion. Based in Sarasota, Florida, and founded...

Acquisitions
Modulr Adds Accounts Payable Automation Functionality With Nook Acquisition
November 20, 2024

Embedded payments platform Modulr acquired accounts payable (AP) automation provider Nook. Modulr will bring Nook’s functionality to the thousands of accountants and businesses that use Modulr’s payment products and will offer Modulr’s payments capability to Nook’s customers, the companies said in a Tuesday (Nov. 19)...

Acquisitions
7-Eleven Owner Seven & i Considers Management Buyout
November 14, 2024

Seven & i Holdings, owner of the 7-Eleven convenience store chain, said Wednesday (Nov. 13) that it received a proposal for a potential management buyout. The non-binding and confidential proposal to acquire the company came from its vice president and representative director, Junro Ito, and...

Acquisitions
Coinbase Acquires Utopia Labs Team to Accelerate Onchain Payments Roadmap
November 13, 2024

Cryptocurrency exchange Coinbase has acquired the Utopia Labs team to accelerate its onchain payments roadmap within Coinbase Wallet. “The Utopia team has been on the ground floor building onchain payments products for years,” Jesse Pollak, head of Base and Coinbase Wallet at Coinbase, wrote in a Wednesday (Nov. 13) post on...

Acquisitions
Nuvei Gets Regulatory Blessing to Go Private
November 13, 2024

Canadian FinTech Nuvei is expected to become a private company by the end of the week. The company received all the regulatory approvals it needs in order to be acquired by Advent International, according to a Wednesday (Nov. 13) press release. Assuming it meets all...