M&A Deal Summary

FreshBooks Acquires FastBill

On October 7, 2021, FreshBooks acquired software company FastBill

Acquisition Highlights
  • This is FreshBooks’ 1st transaction in the Software sector.
  • This is FreshBooks’ 1st transaction in Germany.

M&A Deal Summary

Date 2021-10-07
Target FastBill
Sector Software
Buyer(s) FreshBooks
Deal Type Add-on Acquisition

Target

FastBill

Frankfurt am Main, Germany
FastBill is a provider of cloud accounting and invoicing software solutions in Germany and central Europe. FastBill was founded in 2011 and is based in Frankfurt, Germany.

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Buyer(S) 1

Buyer

FreshBooks

Toronto, Ontario, Canada

Category Company
Founded 2003
Sector Software
DESCRIPTION

FreshBooks is a cloud accounting software provider with paying customers in 160+ countries that take an easy-to-use approach to manage finances, billing, payments, and client engagement. FreshBooks was founded in 2003 and is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2021 M&A 1 of 1