B2B accounts receivable and payments company Billtrust announced today it has agreed to be acquired by EQT Private Equity for $1.7bn. The transaction is expected to close in the first quarter of 2023.
Once finalised, the deal will take Billtrust from the public markets. The company went public in 2020 in a SPAC merger valued at approximately $1.3 billion. Billtrust is currently listed on the NASDAQ and has a market capitalisation of $1.52 billion.
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Posted on Oct 3, 2022 Region: North America
Fintech accounts receivables, payment platform, Fintech, Billtrust, BPN, EQT, Flint Lane
