billwerk Group Acquires Sofacto

PSG Acquires Majority Stake in billwerk

May 20, 2021

Software

PSG, a growth equity firm, has acquired a majority stake in billwerk, a Frankfurt-based provider of subscription management and recurring billing software. Billwerk — founded in 2015 and employing more than 40 people across offices in Frankfurt, Minsk and Gdansk — will continue to be led by Co-Founder and CEO Dr. Ricco Deutscher as PSG supports the company’s international growth both organically and via strategic M&A; financial terms were not disclosed.

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.

PayFacto Acquires iShopFood Inc.

January 6, 2022

Restaurants & Hospitality

PayFacto, a Montréal-based payments and hospitality technology provider, has acquired Québec-based iShopFood Inc., an online ordering and restaurant technology platform. The acquisition adds online/mobile ordering, self-serve kiosks, digital menu boards and loyalty features to PayFacto's integrated payments and POS suite and positions the company for further growth in Canada and the United States.

Astorg Mid‑Cap Acquires 51% Stake in Sofico

November 21, 2023

Software

Astorg Mid‑Cap will invest a 51% stake in Sofico in partnership with Sofico founders Gémar Hompes and Piet Maes and existing investor Apheon, with the founders and Apheon significantly reinvesting and remaining involved. Sofico, headquartered in Ghent, is a leading software provider for the automotive leasing and mobility industry, employs over 500 experts, serves major global leasing customers, and will use the partnership to accelerate product development, services expansion and M&A; financial terms were not disclosed and the deal is expected to close in Q1 2024.

Tactiq Acquires GlobalWorx

June 26, 2024

Cloud & SaaS

Tactiq has acquired GlobalWorx to create a unified SaaS platform for the direct-store-delivery (DSD) ecosystem, consolidating complementary out-of-stock management and invoicing solutions. The transaction was supported by financing from Accel-KKR Credit Partners and aims to expand Tactiq's capabilities across grocery, retail and manufacturer/distributor end markets.

ACTICO (BU-backed) Acquires Majority Stake in Fact Informationssysteme und Consulting

December 20, 2022

Software

ACTICO, a BU (Bregal Unternehmerkapital)-backed provider of intelligent automation software, has acquired a majority interest in Fact Informationssysteme und Consulting GmbH, a Neuss-based provider of investment-management software and consulting previously part of Software AG. The deal strengthens ACTICO’s RegTech platform for banks, insurers and other financial services providers by combining ACTICO’s automation and decisioning software with Fact’s specialist investment-administration and reporting capabilities.