Target: Doculayer
Seller: Disruptive Technology Ventures, InnovationQuarter
Advisory sell side: Stepstone Corporate Finance | M&A Advisory
Buyer: Processmaker
Advisory buy side: Aldrich Capital Partners
Date announced: 2022-09-27

ProcessMaker, a global leader in digital business transformation and process management, announced the acquisition of Doculayer, an intelligent document processing specialist based in Amsterdam, the Netherlands. Doculayer is known for its powerful, intelligent next-generation document processing solutions. With this acquisition, ProcessMaker extends its comprehensive approach to process orchestration and automation. This ensures that organizations focused on operational excellence, compliance, and digital transformation initiatives can improve processes, speed automated decision-making, and increase profits.

ProcessMaker will integrate Doculayer into its business process management (BPM) platform and accelerate product improvements to benefit ProcessMaker's growing global customer base.
The acquisition will take place immediately. ProcessMaker provides low-code process automation solutions to the world's largest companies, especially in banking, higher education and manufacturing.

Source: MergerMarket