Eqt Private Equity To Acquire Billtrust
09/28/22, 1:47 PM
Location
Industry
venture capital
financial services
financial services
software
payments
mobile
The EQT X fund ("EQT Private Equity") has signed a definitive merger agreement to acquire BTRS Holdings Inc. ("Billtrust" or "the Company") (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader.
Company Info
Location
Stockholm, Stockholms län, Sweden
Company info
The firm has made more than 40 investments in the sector over the past two decades, with around 20 investments during the past five years. In a statement, EQT said the acquisition will be made through EQT Infrastructure V fund, which held its final close at €15.7 billion ($17.8 billion) early this month. EQT said the healthcare sector is aligned with its investment approach.