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Billtrust Merges with Best Practice Systems

Posted on: January 10, 2013 by Connie LoizosNo Comments »

Billtrust, an 11-year-old outsourced billing company based in Hamilton, N.J., has merged with Best Practice Systems, an Engelwood, Colo.-based billing company. Terms of the deal were not disclosed, but notably, Billtrust raised a $25 million round from Bain Capital Ventures last November with an eye toward acquiring “one to two” companies per year, as Billtrust CEO Flint Lane told peHUB at the time.

Profitable Billtrust Takes $25M to Supercharge Growth

Posted on: November 14, 2012 by Connie LoizosComments Off

Billtrust may be in the unglamorous business of outsourced bill processing, but Bain Capital Ventures finds it so irresistible, it’s provided the company with $25 million in funding.