M&A Is Back! Melio’s $2.5B Exit to Xero — In Just 7 Years!
SaaStr
JUNE 25, 2025
In the latest billion+ acquisition, Xero just acquired Israeli-founded, NYC-based Melio for $2.5B to dominate US SMB payments. The deal shows acquirers are hungry for revenue acceleration—Xero expects to more than double group revenue by 2028 with this acquisition. TL;DR : After years of M&A drought, big deals are returning.
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