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2022-09-28

EQT Private Equity to acquire Billtrust

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.

With this transaction, EQT X (target fund size of EUR 20.0 billion and hard cap of EUR 21.5 billion) is expected to be 10-15 percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication) based on its target fund size.

Read more here (https://www.businesswire.com/news/home/20220928005565/en/Billtrust-to-be-Acquired-by-EQT-Private-Equity-for-Equity-Value-of-1.7-Billion).

Contact
US media inquiries: Stephanie Greengarten, stephanie.greengarten@eqtpartners.com,+1 646-687-6810 
International media inquiries: EQT Press Office, press@eqtpartners.com,+46 8 506 55 334

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