Under the agreement, an affiliate of EQT Private Equity will acquire all of the outstanding shares of Billtrust common stock for $9.50 per share in cash.
The transaction will likely close on December 16, 2022.
Upon completion of the transaction, Billtrust’s shares will no longer trade on the NASDAQ, and Billtrust will become a private company.
Billtrust provides cloud-based software and integrated payment processing solutions that simplify and automate B2B commerce.
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