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Eqt Private Equity Completes Acquisition Of Billtrust

Dec 16, 2022

Acquiring Company

EQT Infrastructure VI

Acquired Company

Billtrust

Hamilton TownshipFinancial ServicesVenture CapitalFinancial ServicesSoftwareMobilePayments

Description

BTRS Holdings Inc. ("Billtrust" or "the Company") (NASDAQ: BTRS), a B2B order-to-cash software leader, today announced the completion of its acquisition by the EQT X fund (“EQT Private Equity”), part of EQT, a leading global investment organization. The transaction was announced on September 28, 2022, and received shareholder approval on December 13, 2022.

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Company Information

Company

EQT Infrastructure VI

About

EQT, Advent, and KKR & Co. are private equity firms that invest in various sectors, focusing on value creation through operational improvements and strategic growth. They target opportunities across diverse industries, often engaging in major acquisitions. These firms leverage their investment expertise to optimize company performance and maximize returns for stakeholders.

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Frequently asked

Who acquired Billtrust?

Billtrust was acquired by EQT Infrastructure VI. The deal was reported on December 16, 2022. EQT, Advent, and KKR & Co. are private equity firms that invest in various sectors, focusing on value creation through operational improvements and strategic growth. EQT Infrastructure VI is privately held and operates in Financial Services.

When did EQT Infrastructure VI acquire Billtrust?

EQT Infrastructure VI's acquisition of Billtrust was reported on December 16, 2022. BTRS Holdings Inc. ("Billtrust" or "the Company") (NASDAQ: BTRS), a B2B order-to-cash software leader, today announced the completion of its acquisition by the EQT X fund (“EQT Private Equity”), part of EQT, a leading global investment organization. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Billtrust do?

Billtrust is a leading provider of cloud-based software and integrated payment processing solutions to simplify and automate B2B commerce. It is privately held, operating in Financial Services, and is based in Hamilton Township.

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