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June 1, 2023
Finance Technologies

Xero makes second acquisition in a month with Tickstar

Xero, a New Zealand-founded cloud accounting platform for small businesses, has made its second acquisition this month. This time, the company is Tickstar, a Swedish e-invoicing technology provider. Tickstar already serves Xero customers across Australia, New Zealand, and Singapore The $17.5 million (SEK 150 million) deal, which arrives less than three weeks after Xero bought Danish staff rota software provider Planday, will see Xero own a global e-invoicing network. Whilst Xero will pay $7 million (SEK 60 million) upfront, half in cash and half in shares. It will pay out the remainder – $10.5 million (SEK 90 million) – based…
Xero makes second acquisition in a month with Tickstar

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