Bill.com acquires spend management firm Divvy in $2.5bn deal
Bill.com is paying $625 million in cash and $1.875 billion of common stock.
Bill.com is paying $625 million in cash and $1.875 billion of common stock.
Between last October and December, revenue was up 38%, to $54 million.
Underwriters listed include Goldman Sachs, BofA Securities and William Blair.
Led by Franklin Templeton with participation from Mastercard, Fidelity Investments Canada, among others.
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