Great Hill Partners and VersaPay Corporation Announce Closing of Acquisition

BOSTON and TORONTO, Feb. 21, 2020  – Great Hill Partners (“Great Hill”), a leading growth-oriented private equity firm, and VersaPay Corporation (TSXV: VPY) (“VersaPay” or the “Company”), a market leading provider of a SaaS accounts receivable, invoicing and integrated payments technology platform serving B2B customers, today announced the successful completion of the previously announced acquisition of VersaPay by an affiliate of Great Hill, […]

8 Ways for Distributors to Preserve Cash Flow in a Slowing Economy

What is Cash Flow? The total amount of money received and doled out over a given period (usually a quarter), cash flow can either be positive or negative. Positive cash flow indicates that a company’s liquid assets are increasing, enabling it to settle debts, reinvest in its business, return money to shareholders, pay expenses and […]

Are You in The Best Position to Ride Out the Economic Downturn and Come Out Stronger?

125 Months of Positive Growth Since emerging from the grips of the Great Recession in 2009, the U.S. economy has been in growth mode. After contracting sharply in the Great Recession, the economy began growing in mid-2009, following enactment of the financial stabilization bill (Troubled Asset Relief Program or TARP) and the American Recovery and […]