Financial terms were not announced for the transaction. This strategic acquisition strengthens Autobooks’ all-in-one platform by adding business bill pay capabilities, according to the company press release.
Reed Smith’s team was led by private equity partners Christopher Maxwell and Justin Ward. They were supported by global corporate partner Ben Brimeyer and associates James Alexander, Sarah Moy, Emily Crowell and Allyson Lee. Executive compensation and employee benefits partner Ryan Gorman and tax partner Anthony Boggs also provided assistance.
About Reed Smith
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