Tech Company M&A Transactions

Divvy Acquisition

On 5/10/2021, Divvy was bought by Bill.com. The transaction price was $2.5 billion.

Transaction Overview

Company Name
Acquired By
Announced On
5/10/2021
Transaction Type
M&A
Amount
$2,500,000,000
M&A Terms
Bill.com has acquired Divvy in a stock and cash deal valued at $2.5 billion. The deal is expected to close by the end of Bill.com's first fiscal quarter on September 30, 2021.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
13707 S 200 W 100
Draper, UT 84020
USA
Email Address
Overview
Divvy helps businesses manage payments and subscriptions, build strategic budgets, and eliminate expense reports.
Profile
Divvy LinkedIn Company Profile
Social Media
Divvy Company Twitter Account
Company News
Divvy News
Facebook
Divvy on Facebook
YouTube
Divvy on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Blake Murray
  Blake Murray LinkedIn Profile  Blake Murray Twitter Account  Blake Murray News  Blake Murray on Facebook


 

 

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About Database of VC Transactions

We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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