EQT Private Equity to Acquire Billtrust
September 28, 2022
EQT Private Equity (via its EQT X fund) has signed a definitive agreement to acquire BTRS Holdings Inc. (Billtrust), a B2B accounts receivable automation and integrated payments leader. The transaction represents a PE buyout of the Nasdaq-listed company to accelerate growth and expand capabilities in AR automation and payments.
- Buyers
- EQT Private Equity (EQT X fund)
- Targets
- Billtrust
- Industry
- Payments & Fintech
- Location
- New Jersey, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Billtrust Acquires iController
October 12, 2021
Cloud & SaaS
Billtrust (NASDAQ: BTRS) acquired iController, a Belgium-based SaaS collections management provider, for $58 million in a cash transaction. The deal expands Billtrust's presence in Europe and enhances its global collections and AR automation capabilities, with iController's team continuing to operate from Ghent and Amsterdam.
-
Billtrust Acquires Order2Cash
February 15, 2022
Cloud & SaaS
Billtrust has acquired Netherlands-based Order2Cash, a B2B order-to-cash platform provider, to expand its European footprint and broaden its Business Payments Network (BPN). Order2Cash's enterprise customer base and connections to 70+ B2B and B2G e-invoicing networks will be integrated into Billtrust's SaaS AR automation and payments platform; the Order2Cash team will continue operating from Amsterdam, Joure, Krakow and New York.
-
EQT Mid Market Asia Takes 10% Stake in VBill
February 13, 2019
Financial Services
EQT Mid Market Asia (through its Mid Market Asia III fund) agreed to acquire a 10% primary equity stake in VBill, a Beijing-based third-party payment service provider and merchant acquirer in China. The minority investment will support VBill's continued SME and lower-tier city expansion, development of fintech-enabled consumer lending and potential international growth alongside VBill's founding management and parent Hi Sun Technology.
-
EQT Acquires Baring Private Equity Asia
March 16, 2022
Financial Services
EQT AB has agreed to acquire Baring Private Equity Asia (BPEA) in a €6.8bn transaction comprising 191.2m new EQT shares and ~€1.5bn–€1.6bn in cash, creating a scaled Pan-Asian active ownership platform rebranded as BPEA EQT Asia. The combination brings BPEA's private equity and real estate capabilities into EQT's global platform, with BPEA CEO Jean Eric Salata to lead the combined Asian business.
-
EQT Acquires GeBBS Healthcare Solutions from ChrysCapital
September 9, 2024
Healthcare Services
EQT Private Capital Asia (BPEA Private Equity Fund VIII) has agreed to acquire a controlling beneficial interest in GeBBS Healthcare Solutions from ChrysCapital. The transaction will support GeBBS' next phase of growth — including expanding customer segments, strengthening in-house technology capabilities, and pursuing further M&A — and is expected to close in Q4 2024.
-
BPEA EQT Merges Vistra and Tricor to Create $6.5B Global Fund and Corporate Services Platform
July 28, 2023
Professional Services
BPEA Private Equity Fund VIII (BPEA EQT) has completed the merger of Vistra and Tricor, creating a combined fund and corporate services platform valued at an enterprise value of US$6.5 billion and employing over 9,000 professionals across 50+ jurisdictions. The transaction consolidates complementary capabilities (fund administration, corporate secretarial, HR/payroll, trust and fiduciary services) to drive further organic and inorganic growth, with an emphasis on Asia as a core growth region.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.