BlackLine Acquired NetNow to Expand Financial Services
The Woodland Hills-based firm integrated NetNow to enhance its end-to-end invoice-to-cash platform capabilities.
Updated on Oct. 7, 2026 in Corporate Finance
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BlackLine announced its acquisition of NetNow on September 21, 2026. The deal allows the company to integrate customer onboarding and credit management services into its existing financial software suite.
Why it matters
This acquisition enables BlackLine to offer a complete journey across its invoice-to-cash segment. The company opted for this path after evaluating the resource requirements of building an in-house solution.
BlackLine completed the acquisition of NetNow following the purchase of WiseLayer in December 2025. Financial terms of the current deal remain undisclosed.
The players
BlackLine
BlackLine is a financial software company headquartered in Woodland Hills, California.
NetNow
NetNow provides customer onboarding and credit management services to corporate clients.
Patrick Villanova
Patrick Villanova currently serves as the CFO of BlackLine and previously spent 16 years at PricewaterhouseCoopers.
WiseLayer
WiseLayer is a New York-based firm that was acquired by BlackLine in late 2025.
The details
The integration process requires merging back-office systems, including finance, accounting, and HR departments. BlackLine expects the full integration of NetNow to conclude within one year.
Timeline
2015: Patrick Villanova joined BlackLine.
March 2025: Patrick Villanova was appointed as BlackLine CFO.
December 2025: BlackLine acquired WiseLayer.
September 21, 2026: BlackLine announced the NetNow acquisition.
Market Landscape
This deal follows the broader industry trend of consolidating financial software and automation tools to create unified platforms. It positions BlackLine to capture more of the invoice-to-cash workflow while competing against integrated enterprise suites.
Existing BlackLine customers can expect future workflow improvements as NetNow's credit management and onboarding features are integrated. The company expects the transition to be completed within one year, potentially streamlining the invoice-to-cash process for users.
The takeaway
Companies are increasingly favoring acquisitions over internal development to accelerate their service offerings. This strategy highlights the intense pressure to provide comprehensive, AI-driven financial platforms to maintain a competitive edge.
Further reading
For additional context on how major firms manage growth, visit the Corporate Finance section.
Source note: This article includes information reported by CFO Dive.
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