Global Payments Nabs Fintech Biz MineralTree For $500M
By McCord Pagan (September 8, 2021, 6:37 PM EDT) -- Digital payments company Global Payments said Wednesday it was buying automated accounts payable business MineralTree from an investor consortium including Great Hill Partners for $500 million, its second major acquisition in just four months.
Atlanta-based Global Payments Inc.'s deal for Waltham, Mass.-headquartered MineralTree from Great Hill Partners, .406 Ventures and Eight Roads Ventures gives it a business used by more than 3,000 companies and financial institutions, according to a statement.
"The addition of MineralTree's digitized payables solutions enhances our [business to business] product suite and expands our opportunity set in one of the largest and most underpenetrated markets in software and...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!