Second Phase Acquired by Billtrust

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ClearCreek served as exclusive financial advisor to Second Phase in their recent acquisition by Billtrust. Based in Boulder Colorado, Second Phase provides SaaS eCommerce and Product Information Management (PIM) solutions to wholesale distributors and manufacturers. The strategic acquisition enhances Billtrust's industry-leading order-to-cash platform. 

Co-founders Mark Kostovny and Scot Shaffer guided Second Phase through an almost 20-year journey with its share of entrepreneurial peaks and valleys. Their unwavering commitment to serving their customers and enhancing their technology platform at every stage is testimony to their considerable perseverance and achievement. 

We are honored that Mark and Scot chose ClearCreek to represent Second Phase though the sale of their company. True entrepreneurs who always rolled up their sleeves, they were a pleasure to work with, and we look forward to their continued success.