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REPAY BUYS KONTROL PAYABLES Featured

 Payments services provider Repay Holdings has acquired Kontrol Payables for up to $11 million in cash. Kontrol provides AP services in markets that include construction, food production, software, manufacturing and education.

The announcement said Konrol has more than 30 ERP integrations and a network of more than 13,000 suppliers. This was the second deal this month, although Repay’s purchase of BillingTree, which closed this month, was in a different league with a deal price of about $503 million, including approximately $275 mllion in cash with the rest coming via 10 million in Repay

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