News & Announcements

Weil Advises EQT Private Equity in its $1.7B Acquisition of Billtrust

Weil is advising EQT Private Equity in its acquisition of Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments provider, in a transaction valuing Billtrust at $1.7 billion. The take-private transaction is expected to close in the first quarter of 2023, subject to customary closing conditions and regulatory approvals.

The Weil team advising EQT Private Equity is led by Private Equity partner Robert Rizzo and Mergers & Acquisitions partner Raymond Gietz and includes Private Equity partner Manuel-Peter Fringer, Private Equity counsel Barrett Schitka and Corporate associates Larissa Lucas, Lucy Tang and Adena Kleiner. The team also includes Tax partner Jonathan Macke; Private Equity Executive Compensation & Benefits Head Michael Nissan; Executive Compensation & Benefits partner Jennifer Britz; Public Company Advisory Group partner Adé Heyliger; Technology & IP Transactions partner Dennis Adams; Technology & IP Transactions/Privacy counsel Olivia Greer; Technology & IP Transactions/Privacy associate Rami Sherman; Banking & Finance partner Paul Overmyer; Real Estate attorney Leslie Smith; Real Estate associate Lauren Burgos; Regulatory Transactions counsel Timothy Welch; and Employment Litigation associate Elizabeth Casey.