Recent Software Acquisitions in Mississippi
Acquisition Volume in Software in Mississippi by Year
Last 5 years
Actual
Full-year estimate
-
August 27, 2019
- Buyer
- AvidXchange
- Target
- BankTEL Systems
- Industry
- Software
- Location
- Mississippi, United States
- Type
- Buyout
AvidXchange, the Charlotte-based accounts payable and payment automation provider, agreed to acquire BankTEL Systems, a provider of accounting solutions serving more than 20% of U.S. banks. The deal will integrate AvidPay and AvidXchange's network (500,000+ suppliers) with BankTEL's ASCEND banking accounting suite, expanding AvidXchange's capabilities and industry-specific offerings for financial institutions.
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