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Eqt Private Equity To Acquire Billtrust

Sep 28, 2022•almost 3 years ago

Acquiring Company

EQT

Acquired Company

Billtrust

StockholmLawrencevilleVenture CapitalFinancial ServicesFinancial ServicesSoftwarePaymentsMobile

Description

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 Information

Company

EQT

Location

Stockholm, Stockholm County, Sweden

About

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.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed