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New Deal


Announced

Completed

Battery Ventures completed a $150m investment in SaaSOptics and Chargify.

Financials

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Transaction Value£106m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Domestic

revenue management software

Completed

Software

Friendly

Acquisition

Single Bidder

United States

Private Equity

invoicing app

Majority

Synopsis

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Battery Ventures, a venture capital firm, completed a $150m investment in software services providers SaaSOptics and Chargify. “Both companies’ growing businesses highlight the fact that today’s software companies require more robust billing and revenue solutions, driven in large part by new, usage-based, cloud models. We are excited to invest in more innovative products that help all software companies better manage their businesses," Chelsea Stoner, Battery Ventures General Partner.

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