M&A Deal Summary

PSG Acquires Billwerk+

On May 20, 2021, growth capital firm PSG acquired internet software and services company Billwerk+

Acquisition Highlights
  • This is PSG’s 22nd transaction in the Internet Software and Services sector.
  • This is PSG’s 3rd transaction in Germany.

M&A Deal Summary

Date 2021-05-20
Target Billwerk+
Sector Internet Software and Services
Buyer(s) PSG
Deal Type Buyout (LBO, MBO, MBI)

Target

Billwerk+

Frankfurt, Germany
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.

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Buyer(S) 1

Buyer

PSG

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2014
PE ASSETS 14.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

PSG is a growth equity investment firm focused on the software sector. The Firm looks to partner with software and technology-enabled service companies to capitalize on opportunities and accelerate growth. PSG looks to leverage its network and best practice knowledge developed from its history of investing, to implement and execute strategies on guiding companies to the next level. PSG was established in 2014 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 61 of 130
Sector: Internet Software and Services M&A 22 of 50
Type: Buyout (LBO, MBO, MBI) M&A Deals 19 of 21
Country: Germany M&A 3 of 6
Year: 2021 M&A 10 of 26
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-21 Copysmith

Birmingham, Alabama, United States

Copysmith is a startup that uses artificial intelligence (AI) for creative content generation and drives business growth by helping creators and businesses generate powerful copy and making it easily distributable wherever it is needed. Copysmith is based in Birmingham, Alabama.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-02 Artur’In

Paris, France

Artur’In provides Real Estate Professionals with a digital marketing solution to increase productivity, customer and agent retention, brand awareness, referral reach, and more. Artur’In was established in 2016 and is based in Paris, France.

Buy -