WebMay 10, 2024 · Bill.com, the cloud-based software provider for SMBs, acquired accounting fintech Divvy for $2.5 billion in a stock and cash transaction. WebMay 7, 2024 · ranica-arrowsmith-38977813. May 07, 2024, 11:45 a.m. EDT 1 Min Read. Bill.com has agreed to buy Divvy in a deal valued at $2.5 billion. Divvy makes spend management solutions that combine expense management software and smart corporate cards into a single platform. Photo: David A. Brown.
Bill.com to Acquire Divvy, a Leader in Spend Management …
WebMay 4, 2024 · Earlier today recent dog-parent Alex Konrad and fellow Forbes staffer Eliza Haverstock broke the news that Divvy, a Utah-based corporate spend unicorn, is considering selling itself to Bill.com ... WebMay 6, 2024 · Per Bill.com, the transaction includes $625 million in cash, with the rest of the consideration coming in the form of stock in Divvy’s new parent company. Bill.com also reported its quarterly ... la birra bar menu
Divvy, a Utah financial tech firm, is acquired by Bill.com for $2.5 …
WebOn May 6, 2024, Bill.com Holdings, Inc. (“Bill.com” or the “Company”) and DivvyPay, Inc. (“Divvy”) entered into an Agreement and Plan of Merger (the “Merger Agreement”), under which Bill.com would combine with Divvy through a business combination and as a result Divvy would be a direct wholly-owned subsidiary of Bill.com. WebMay 7, 2024 · Posted on May 7, 2024. Bill.com, which provides back-office software, has struck a deal to buy Divvy in a stock-and-cash transaction valued at about $2.5 billion. … WebAug 26, 2024 · BILL is a leading provider of cloud-based software that simplifies, digitizes, and automates back-office financial processes for small and mid-sized businesses. ... Excluding Divvy, transaction fees were $36.1 million, up 137% year-over-year. Gross profit was $58.0 million, representing a 74.1% gross margin, compared to $32.0 million, or a … la birra bar (burgers) menu