Financial Technology Partners (FT Partners) served as strategic and financial advisor and Morrison & Foerster LLP served as legal counsel to Divvy.Ĭautionary Language Concerning Forward-Looking Statements LLC served as financial advisor and Fenwick & West LLP served as legal counsel to.
#DIVVY STOCK UPDATE#
The brand and quality of service that delivers combined with a great spend management product like Divvy will help us automate the flow of bills and expenses into one.” - John DeLalio, Managing Director, EisnerAmperīill.com intends to provide a financial update on its regularly scheduled fourth quarter earnings call.
EisnerAmper’s value proposition is focused on providing efficiency and value to our clients, so they can focus on their business. “Together these products deliver a win-win for our firm and our clients. “The Divvy acquisition is the first time that two really solid products are coming together - the combination has the potential to be industry changing.” - Dan Luthi, COO, Ignite Spot Accounting The result? It saves room in my head and leaves more time for compliance, timelines, and production schedules.” - Hunter Thompson, Head of Operations at Golden Ratio “A key benefit of both products is our ability to have a controlled budget in one place. If it isn’t already, should be a part of every B2B business’ tech stack both for finance and operations.” - Jim Benton, CEO, Chorus.ai I’m excited to see this acquisition as builds an all-in-one financial shop, creating a streamlined solution to manage financial workflows and transactions. Being a distributed workforce across multiple cities and countries, we needed digital solutions that supported our critical back-end functions while also supporting employee perks with the benefits of fund allocations. “ and Divvy have both played a huge role in transforming our office operations while also significantly impacting our employee culture.
I'm excited that two tools that I love are coming together.” - Nik Hurley, Finance Manager, Bloom Credit “ and Divvy are both really easy to use and tailor-made for small businesses.
#DIVVY STOCK SOFTWARE#
"We see the combination of and Divvy as potentially very valuable to small and mid-sized businesses because it creates a single software company focused on helping them to manage, track and control all their business to business spending versus them having to stitch together a number of point solutions." - Kevin Permenter, Research Manager at IDC With real-time insight into all their B2B spending and access to multiple payment solutions, businesses will be empowered to spend smarter, better manage their budgets and cash flow, and simplify their back-office financial operations. The expanded solution will enable businesses to digitally transform their financial operations and automatically manage accounts payable, accounts receivable, and corporate card spend all in one place. The acquisition of Divvy supports ’s mission to make it simple to connect and do business. Together we achieve that vision faster and are better able to serve business owners and finance leaders.” “We have a shared vision to be the one-stop shop for credit and financial software. “We are excited to join and offer our customers and millions of businesses a comprehensive payments solution that saves them time and money,” said Blake Murray, Divvy CEO and Co-Founder. With the elegant spend management solution that the Divvy team brings, their dedication to serving SMBs, and their passion for driving innovation, together we can accelerate our vision to help SMBs transform, grow, and thrive by automating their financial operations.” “Together, we can help SMBs manage all their B2B spend and workflow with one simple solution, saving them valuable time and money and providing real-time insight into their spend and cash flow. “We are thrilled to welcome the Divvy team to ,” said René Lacerte, CEO and Founder. (NYSE:BILL), a leading provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and midsize businesses (SMBs), announced today it has completed its acquisition of Divvy, a leader in spend management, for approximately $2.5 billion in stock and cash.
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