Best Practice Systems Merges With Billtrust

Englewood, Colorado-based Best Practice Systems, a provider of billing services--including electronic billing, phone billing, payment processing, and other services--has merged with private equity backed Billtrust, the two said Thursday. Financial terms of the merger were not disclosed. The two said the merger comes as a result of a capital investment in Billtrust in November, by private equity firm Bain Capital Ventures.