Tech Company M&A Transactions
Andera Acquisition
Operating out of Providence, Andera was acquired by Bottomline Technologies. The transaction price was $47.5 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/9/2014
Transaction Type
M&A
Amount
$47,500,000
M&A Terms
Andera Inc. has been acquired by Bottomline Technologies (Nasdaq:EPAY) for $44.5 million in cash and 102,000 shares of Bottomline stock.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
15 Park Row West 200
Providence, RI 02903
USA
Providence, RI 02903
USA
Phone
Website
Email Address
Overview
Andera is the #1 provider of online account opening and funding solutions in the U.S., serving more financial institution clients than any other vendor.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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