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
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
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.
Profile
Andera LinkedIn Company Profile
Social Media
Andera Company Twitter Account
Company News
Andera News
Facebook
Andera on Facebook
YouTube
Andera on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Charlie Kroll
  Charlie Kroll LinkedIn Profile  Charlie Kroll Twitter Account  Charlie Kroll News  Charlie Kroll on Facebook
Chief Financial Officer
Chris Burns
  Chris Burns LinkedIn Profile  Chris Burns Twitter Account  Chris Burns News  Chris Burns on Facebook
Chief Technical Officer
Rajesh Jayaraman
  Rajesh Jayaraman LinkedIn Profile  Rajesh Jayaraman Twitter Account  Rajesh Jayaraman News  Rajesh Jayaraman on Facebook
VP - Client Services
Craig Wilke
  Craig Wilke LinkedIn Profile  Craig Wilke Twitter Account  Craig Wilke News  Craig Wilke on Facebook
VP - Marketing
Laurie McLachlan
  Laurie McLachlan LinkedIn Profile  Laurie McLachlan Twitter Account  Laurie McLachlan News  Laurie McLachlan on Facebook
VP - Product Management
Ying Chen
  Ying Chen LinkedIn Profile  Ying Chen Twitter Account  Ying Chen News  Ying Chen on Facebook


 

 

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Prev: 5/9/2014: EarlyShares venture capital transaction
Next: 5/9/2014: Spreedly venture capital transaction

 

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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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