BTRS - EQT Private Equity to acquire Billtrust for $1.7B
- BTRS or Billtrust ( NASDAQ: BTRS ) to be acquired by EQT X fund, part of EQT, a leading global investment organization, in an all-cash transaction valuing company’s equity at ~$1.7B.
- Company shareholders will receive $9.50 per share in cash upon the closing of the transaction.
- The price per share represents more than a 64% premium above the closing share price of $5.77 on September 27, 2022, and more than a 76% premium above the trailing 90-day volume weighted average stock price for the period ended September 27, 2022.
- Transaction expected to close in Q1 2023.
For further details see:
EQT Private Equity to acquire Billtrust for $1.7B