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  5. Rillion Acquires Centsoft

M&A Deal Summary

Rillion Acquires Centsoft

On September 14, 2018, Rillion acquired internet software and services company Centsoft

Acquisition Highlights
  • This is Rillion’s 1st transaction in the Internet Software and Services sector.
  • This is Rillion’s 1st transaction in Sweden.

M&A Deal Summary
Date 2018-09-14
Target Centsoft
Sector Internet Software and Services
Buyer(s) Rillion
Deal Type Add-on Acquisition

Target

Centsoft

Stockholm, Sweden
Centsoft is a provider of software-as-a-service (SaaS) invoice automation services. Centsoft was established in 2006 and is based in Stockholm, Sweden.

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Buyer(S) 1

Buyer

Rillion

Stockholm, Sweden
Category Company
Founded 1993
Sector Software
Revenue 200M SEK (2020)
DESCRIPTION

Rillion is an Accounts Payable automation (AP Automation) software company offering procure-to-pay and digital invoice processing solutions for the SME and mid-market segments. Rillion was founded in 1993 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2018 M&A 1 of 1
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