.
MergerLinks Header Logo

New Deal


Announced

Completed

PSG completed the acquisition of a majority stake in billwerk.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

management software

Cross Border

Germany

Software

Majority

Private

Private Equity

Acquisition

Single Bidder

Completed

Synopsis

Edit

Providence Strategic Growth completed the acquisition of a majority stake in billwerk, a European provider of subscription management software. Financial terms were not disclosed. “We believe we have found the perfect partner in PSG based on their unique focus and experience in partnering with founder-led software companies and supporting their growth throughout Europe, and beyond. We’re excited to work with the PSG team as we identify new opportunities to scale our business,” Ricco Deutscher, billwerk Co-Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US