Xero buys Sweden's Tickstar for up to NZ$24.9m

Xero chief product officer Anna Curzon.

Wed, 24 Mar 2021

Accounting software company Xero said it has bought Tickstar, an e-invoicing infrastructure business serving businesses and governments around the world, for up to 150 million Swedish krona (NZ$24.9m), half in Xero shares.Based in Sweden, Tickstar was founded in 2007. The purchase comes hard on the heels of the €183.5 million (NZ$305.3m) purchase of Copenhagen-based Planday announced earlier this month, which was also partly paid for in Xero shares.Xero said Tickstar allows organisations such as Xero and its customers to connect to a...

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