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New Deal


Announced

Lovell Minnick Partners to acquire Billhighway.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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software development

Acquisition

Friendly

Software

Private Equity

United Kingdom

Private

Majority

Pending

Single Bidder

Synopsis

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Lovell Minnick Partners, a private equity firm focused on investments in the global financial services industry, agreed to acquire Billhighway, a provider of integrated software and payments solutions to membership-based organisations. Financial terms were not disclosed. “We are excited to partner with the Billhighway team to support the Company’s growth in its core MBO markets and expansion into new segments. We believe that Billhighway solves critical pain points for its clients through scalable, differentiated technology and superior client service, and we are excited to accelerate further investments in the product, the market and the team.” Trevor Rich, Partner at Lovell Minnick.

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