News and Analysis (15677)
BILL.COM RISES ON DIVVY REVENUE
- Tuesday, 31 August 2021
- News and Analysis
- Written by BobWScott
Bill.com saw its revenue spike with the inclusion one-month income from Divvy. Divvy is the corporate credit card and expense management platform it acquired during the fourth quarter ended June 30.
QUISITIVE BOOMS ON M&A
- Tuesday, 31 August 2021
- News and Analysis
- Written by BobWScott
Microsoft reseller Quisitive turned in a 49-percent drop in its loss on a 75-percent increase in revenue for the second quarter ended June 30. But most of the talk in this week’s earnings conference call was about its payments business, not Dynamics reselling.
REPAY BENEFITS FROM M&A
- Friday, 20 August 2021
- News and Analysis
- Written by BobWScott
Four acquired companies chipped in $6 million in revenue for payments company Repay Holdings for the second quarter ended June 30.
GUSTO RAKES IN $175 MILLION
- Friday, 20 August 2021
- News and Analysis
- Written by BobWScott
Payroll software company Gusto has raised $175 million in Series E funding. The latest round was led by T. Rowe Price Associates.
WISS STARTS TECH ADVISORY PRACTICE
- Friday, 20 August 2021
- News and Analysis
- Written by BobWScott
Accounting firm Wiss has started a Technology Advisory practice. To head the new unit, the firm has hired Alex Volpi. Volpi was previously a senior consultant in the Technology Advisory of accounting firm CohnReznick from March 2019 until June this year.
COLUMBUS US: SAME STORY, DOWN
- Friday, 20 August 2021
- News and Analysis
- Written by BobWScott
About the best thing reseller Columbus had to say was the revenue decline for its operations it in the United States looked better in local currency. Reported in Danish Kroner, the U.S. for the second quarter ended June 30 was down 11.7 percent.
DIVVY BOOSTS BILL.COM PROFORMA
- Wednesday, 18 August 2021
- News and Analysis
- Written by BobWScott
The addition of Divvy’s results to those of its purchaser Bill.com raised Billcom’s net loss for the nine months ended March 31 by three times and raised its revenue by 24.7 percent. The deal was completed on June 1 for $2.5 billion.
SAGE ASKS FOR ACCOUNTANT REFERRALS
- Wednesday, 18 August 2021
- News and Analysis
- Written by BobWScott
Sage is asking accountants who participate in its new 20 for 20 program for client referrals. Ideally, participating firms are supposed to provide 20 client referrals each quarter to Sage.
COPLEY CONSULTING ACQUIRED
- Wednesday, 18 August 2021
- News and Analysis
- Written by BobWScott
The Copley Consulting Group, one of Infor’s top resellers, has been acquired by the Judge Group, a professional services firm. Terms were not disclosed.
RUBINBROWN BUYS IT CONSULTING FIRM
- Friday, 13 August 2021
- News and Analysis
- Written by BobWScott
Accounting firm RubinBrown has acquired Liberty Technology Advisors, which is based in Chicago, Ill. Liberty’s operations are being combined into RubinBrown’s Business Advisory Services Group.
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