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Announced

Completed

EQT completed the acquisition of Billtrust for $1.7bn.

Financials

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Transaction Value£1,579m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium64%
One Off Charge-

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Majority

Private Equity

Acquisition

Public

Friendly

Payments / Commerce

order-to-cash solutions

United States

Cross Border

Single Bidder

Completed

Synopsis

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EQT, a private equity firm, completed the acquisition of Billtrust, a B2B accounts receivable automation and integrated payments provider, for $1.7bn. “This transaction marks the beginning of an exciting new chapter for Billtrust, our customers and employees while providing shareholders an immediate and substantial cash value with a compelling premium. We believe B2B payments and accounts receivable continue to be ripe for massive disruption and innovation, and our partnership with EQT will provide us with greater resources and flexibility to build on our leadership position," Flint Lane, Billtrust Founder and CEO. On December 13, 2022, Billtrust's stockholders approved the proposed merger.

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