Announced
Financials
Sources
Tags
software development
Acquisition
Friendly
Software
Private Equity
United Kingdom
Private
Majority
Pending
Single Bidder
Synopsis
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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