Easybill Secures Financing for PAQATO Acquisition
Deal News | Dec 16, 2024 | Goodwin
Goodwin has advised easybill GmbH, a portfolio company of LEA Partners GmbH, on the financing required for the acquisition of PAQATO GmbH. Founded in 2007, easybill leads the market in electronic invoicing and daily business operations automation, boasting over 20,000 customers. The company is known for its user-friendly SaaS solution, which enhances sales processes and ensures compliance for small businesses and e-commerce merchants. PAQATO, an e-commerce SaaS company, supports over 2,300 online shops by offering solutions in customer retention, data analytics, and personalization, since its inception in 2015. LEA Partners, with over EUR 2 billion in committed capital, prides itself in backing nearly 100 technology companies since 2002, helping them achieve growth and market leadership. The advisory collaboration involved Goodwin's team, led by partner Winfried M. Carli, with the support of associate Marius Garnatz and transaction lawyer Rina Omura.
Sectors
- Software as a Service (SaaS)
- E-Commerce
- Private Equity
Geography
- Germany – Easybill is based in Kaarst and PAQATO in Münster, both in Germany, while Goodwin advised on the transaction from their Munich and Frankfurt offices.
Industry
- Software as a Service (SaaS) – Both easybill and PAQATO function within the SaaS industry, providing software solutions to enhance business operations for SMEs and e-commerce businesses.
- E-Commerce – PAQATO operates in the e-commerce sector, offering services to optimize after-sales processes for online stores.
- Private Equity – LEA Partners GmbH is involved in private equity, investing and supporting companies like easybill in their growth strategies.
Financials
- EUR 2 billion – Committed capital by LEA Partners for supporting their portfolio companies.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Easybill GmbH | Bidding Company | Company | Market leader in electronic invoicing solutions, based in Kaarst, Germany. |
| LEA Partners GmbH | Private Equity Firm | Company | Investor and portfolio manager backing Easybill in its acquisition strategy. |
| PAQATO GmbH | Target Company | Company | E-commerce SaaS company specializing in customer retention and analytics, based in Münster, Germany. |
| Goodwin Procter LLP | Legal Advisor | Company | Advised on the financing transaction for the acquisition by easybill. |
| Winfried M. Carli | Partner, Transaction Team Lead | Person | Led the transaction from Goodwin for the financing of PAQATO acquisition. |
| Marius Garnatz | Associate | Person | Associate at Goodwin working on the PAQATO acquisition financing. |
| Rina Omura | Transaction Lawyer | Person | Transaction lawyer at Goodwin involved in the financing of the acquisition. |