M&A · Tech · Buyer's industry: Services-Prepackaged Software
Bill.com Holdings, Inc. to acquire Divvy
Announced May 6, 2021 · Closed Jun 1, 2021 · Private target
Deal value$2.50B
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock
Transaction
- Acquirer
- Bill.com Holdings, Inc. (BILL)
- Target
- Divvy
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Jun 1, 2021
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Goldman Sachs
- To the target
- FT Partners
Classification
- Sector
- Tech
- Buyer's industry
- Services-Prepackaged Software