Corcentric, a wholly-owned subsidiary of AmeriQuest Business Services, Inc., has acquired InfoAccess.net LLC, a Cleveland, Ohio-based leading provider of electronic invoicing services. EdgePoint served as the exclusive financial advisor to InfoAccess.net LLC. Terms of the transaction were not disclosed.
Founded in 1977, InfoAccess.net, LLC is a leading software-as-a-service (“SaaS”) provider of electronic e-Invoicing services. The Company’s proprietary technology and service offerings facilitate the seamless flow of electronic business transaction documents between large corporate buyers and their thousands of suppliers.
Headquartered in McLean, Virginia, Corcentric provides cloud-based financial process automation solutions to customers worldwide. Corcentric’s Accounts Payable and Accounts Receivable automation solutions enable organizations to reduce costs, streamline processes, and provide unmatched visibility executives need to make critical business decisions.
EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.