Esker acquires TermSync

Esker Inc., a global document process automation solutions provider, has acquired Madison-based TermSync, which offers a cloud-based accounts receivable automation platform. The acquisition will provide Esker with future growth opportunities and enhanced accounts receivable solution offerings in the U.S.

Terms were not disclosed.

“It was clear to me from the first day we started talking with Esker that this would be a great fit,” said Mark Wilson, TermSync’s founder and CEO, in a release.

Esker operates in Latin America, Europe, and Asia Pacific, with global headquarters in France and U.S. headquarters in Madison.