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New Deal


Announced

Completed

Bill completed the acquisition of Divvy for $2.5bn.

Financials

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Transaction Value£1,797m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Acquisition

Domestic

Single Bidder

business finance

business credits

Friendly

Private

United States

Majority

Completed

Private Equity

FinTech

Synopsis

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Bill, a provider of cloud-based software, completed the acquisition of Divvy, an automated budgeting and expense management platform, for $2.5bn. “We have a shared vision to be the one-stop shop for credit and financial software. Together we achieve that vision faster and are better able to serve business owners and finance leaders," Blake Murray, Divvy CEO and Co-Founder.

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