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Announced

Completed

A consortium of investors led a $34m round in Ageras Group.

Financials

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Transaction Value£25m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Cross Border

Completed

Private Equity

Private

Friendly

Acquisition

Minority

Venture Capital

accountancy software

Denmark

Software

Synopsis

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A consortium of investors including Investcorp Technology Partners, Lugard Road Capital, Centripetal Capital, Saeid Esmaeilzadeh and Roosgruppen, led a $34m round in Ageras Group, an international financial marketplace for accounting, bookkeeping and tax preparation services. “This is a big milestone for us, but it’s not our destination. What started as an online marketplace for small business owners to find accountants in Denmark has now expanded into a financial cockpit used by more than 1m SMEs across Europe and the US, giving them a single, centralized destination for nearly all their needs—bookkeeping, accounting, payroll services, invoicing and now financial services," Rico Andersen, Ageras Group CEO and Co-Founder.

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