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M&A Deal Summary

Billwerk+ Acquires Sofacto

On January 20, 2022, Billwerk+ acquired information technology company Sofacto

Acquisition Highlights
  • This is Billwerk+’s 1st transaction in the Information Technology sector.
  • This is Billwerk+’s 1st transaction in France.

M&A Deal Summary
Date 2022-01-20
Target Sofacto
Sector Information Technology
Buyer(s) Billwerk+
Deal Type Add-on Acquisition

Target

Sofacto

Montpellier, France
Sofacto is a SaaS application for managing subscriptions & their recurring billing that is fully integrated with Salesforce CRM. Quick to deploy and highly customizable, the company enables management of the billing cycle by automating key processes initiated during the sales cycle. Its functionalities bring front and back office teams closer together by completing their 360° vision of the customer: from the incoming lead converted to the revenue generated throughout the customer’s life, collected to date, embedded, and future. Sofacto was formed in 2015 and is headquartered in Montpellier, France.

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Buyer(S) 1

Buyer

Billwerk+

Frankfurt, Germany
Category Company
Founded 2015
Sector Internet Software and Services
Employees40
DESCRIPTION

Billwerk+ is a SaaS provider of subscription management & recurring billing software. Billwerk+ reliably provides a significant part of the digital value chain for recurring business models. Its subscription management platform is currently used by several hundred midsize and enterprise customers as well as fast-expanding start-ups across Germany, Switzerland, and France, with a growing presence in other European regions including the Nordics and Benelux. Billwerk+ was founded in 2015 and is based in Frankfurt, Germany.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: France M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-02 Reepay

København K, Denmark

Reepay is a cloud-based SaaS platform that allows companies to manage their payment processes and subscriptions. Reepay was founded in 2015 and is based in København K, Denmark.

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