Terms of the transaction were not announced and both organizations are privately held companies. In 2015, Bravo reported EUR 80 million in global revenue and the addition of “80 new customers worldwide.”
In addition, BravoSolution partnered previously with both Basware and Verian to provide a set of integrated source-to-pay (S2P) capabilities. In recent news, Basware acquired Verian, although BravoSolution maintains partnerships with both organizations to date.
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