Nexus Systems has announced its sale to Bottomline Technologies. Terms were not disclosed. Nexus Systems, a leading provider of accounts payable and payments automation software for the real estate and property management industries, was a portfolio company of Mainsail Partners, a leading technology investor.
Latham & Watkins LLP represents Nexus Systems in the transaction with a corporate deal team led by Boston partners Kristen Grannis, John Miller, and Ryan McCarthy, with associates Laki Triantafylidis and Dante Spurlock. Advice has also been provided on tax matters by New York partner Matthew Dewitz and associate Shruti Hazra; on employee benefits matters by New York partner Jennifer Pepin and associate Madeline Hong; on finance matters by Bay Area partners Haim Zaltzman and Dan Van Fleet, with associate Trevor Church; on intellectual property and data privacy matters by Boston partner Sarah Gagan and associate Deborah Hinck; and on regulatory matters by Washington, D.C. partner Ian Conner and counsel Peter Todaro.