Funding and partial buy-out of UnifiedPost

Somewhere this year Venture Capital company Nimbus was introduced as a new shareholder and provider of growth capital to UnifiedPost.

Nimbus bought out two angel investors and SRIW (the Wallonia regional investment agency). UnifiedPost’s management remains an important shareholder.

M&A trend in e-invoicing and AP automation

The buy-in buy-out at UnifiedPost fits in the 2011 trend of M&A’s. Underneath is a list of other relevant (partial)acquisitions, mergers, fundings and so on:

• b-process (by Ariba)
• Tradeshift (by Russian VC ru-NET)
• Fundtech (by an investment company)
• Crossgate (by SAP)
• Quadrem (again by Ariba)
• InterCommIT (by Descartes)
• Pallas Athene (by Lexmark)
• Zuora
• More to come….

About Unified post

UnifiedPost currently processes inbound and outbound documents such as invoices, pay slips, contracts, subscriptions and many other sector-specific documents on behalf of about 120 companies.

UnifiedPost offers solutions by employing a service model (software as a service) to customers from industries as diverse as leasing, media, insurance, telecom, utilities, human resources, recruitment, the travel sector and the manufacturing industry. The company is headquartered in Terhulpen/La Hulpe (Belgium) and has offices in the Netherlands and Luxemburg.