N2F Sells to FTV Capital, Founder Reinvests in Future Growth
Deal News | Jun 03, 2025 | Proskauer Rose (UK) LLP
Proskauer Rose (UK) LLP, an international law firm, has advised PSG Equity on the sale of cloud-based expense management platform, N2F, to FTV Capital. The transaction also involved N2F's founder and management reinvesting alongside FTV Capital. PSG Equity, a growth equity firm, aims to propel companies in software and technology-forward directions, while FTV Capital is known for investments in high-growth enterprise and technology companies. With FTV's investment, N2F plans to enhance its product suite and expand its market reach in European regions like DACH, Italy, Iberia, and Benelux, where the platform is prepared to meet local regulations and operational demands. Proskauer's efforts in this transaction were led from Paris, showcasing its capabilities in handling complex, cross-border M&A deals. Proskauer's global footprint, consisting of over 800 lawyers, provides comprehensive legal solutions for transformative transactions.
Sectors
- Private Equity
- Technology
- Financial Technology
Geography
- France – The transaction was led by Proskauer's Paris office, and N2F is expanding its market presence in Europe.
- United Kingdom – Proskauer Rose (UK) LLP is part of the advisory team.
- Europe – N2F is concentrating its expansion in European regions such as DACH, Italy, Iberia, and Benelux.
Industry
- Private Equity – The article involves PSG Equity and FTV Capital, both operating in the private equity space, focusing on investments and growth strategies.
- Technology – N2F is involved in technology-driven solutions, offering a cloud-based platform for expense management and payment processing.
- Financial Technology – FTV Capital focuses on financial technology, aligning with N2F's offerings in digitizing financial processes.
Financials
- – The financial terms of the deal were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Proskauer Rose (UK) LLP | Legal Advisor | Company | An international law firm providing legal services for this transaction. |
| PSG Equity | Selling Company | Company | Growth equity firm selling its stake in N2F. |
| N2F | Target | Company | A cloud-based platform specializing in expense management solutions. |
| FTV Capital | Buyer | Company | A growth equity firm focusing on high-growth sectors, acquiring N2F. |