PSG Acquires Majority Stake in billwerk

billwerk and PSG Combine with Reepay to Create Pan-European Subscription and Payments Platform

November 2, 2021

Cloud & SaaS

PSG-backed billwerk has combined with Copenhagen-based Reepay in a transaction that brings Reepay’s payments and subscription gateway together with billwerk’s subscription management software. PSG will hold a majority stake in the combined group, which aims to become a pan‑European leader serving webshops and subscription businesses across the Nordics and DACH regions.

billwerk Group Acquires Sofacto

January 20, 2022

Cloud & SaaS

billwerk Group, the PSG-backed subscription management platform, has acquired Sofacto, a Montpellier-based Salesforce-native subscription management and recurring billing application. The deal adds Salesforce integration and a stronger foothold in the French market to billwerk's pan‑European subscription management offering; Sofacto's CEO Frederi Scotto will remain in place.

Bregal Unternehmerkapital Makes Majority Investment in Billbee GmbH

November 8, 2023

Cloud & SaaS

Funds advised by Bregal Unternehmerkapital have made a majority investment in Billbee GmbH, a Twistetal-based provider of multichannel e-commerce SaaS for small retailers in the DACH region. Billbee will serve as the nucleus of an e-commerce software group to pursue organic growth and add-on acquisitions; founder Jan Krause will retain a stake and the company will continue to be led by Managing Director David Pohlmann.

Polskie ePłatności Acquires BillBird

November 25, 2019

Payments & Fintech

Polskie ePłatności S.A. completed the acquisition of BillBird S.A. on 25 November 2019. The deal adds BillBird's bill payment and value-added services for POS terminals and e-commerce to PeP's payments offering to expand product capabilities and encourage consumer visits to merchants.

PSG Leads Strategic Growth Investment in AirWorks

October 24, 2023

AI & Machine Learning

PSG, a growth equity firm, led a strategic growth investment in AirWorks to fund product innovation, accelerate market penetration, and expand go-to-market and partner capabilities. PSG's Adam Marcus will join AirWorks' board, and existing investors also participated in the round.

PSG Equity Acquires Majority Stake in Visit Group

January 23, 2024

Cloud & SaaS

PSG Equity is investing more than €100 million to acquire a majority stake in Visit Group, a Gothenburg-based hospitality SaaS provider. The capital will support Visit Group’s next phase of organic and inorganic growth across the Nordics and beyond; founder and management will remain significant shareholders.