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GP BULLHOUND ADVISED EASYBILL ON ITS SALE TO LEA PARTNERS

Setting New Standards in B2B Digital Invoicing

Frankfurt, 19 February 2024 - GP Bullhound proudly announces its role as the exclusive financial advisor to the founders of easybill in its strategic sale to LEA Partners.

Founded by Philipp Gesell, Ronny Keyser, and Christian Szardenings, easybill, a leader in electronic invoicing and business software, serves over 18,000 customers with its comprehensive B2B SaaS suite. This suite includes invoicing, payment reminders, and warehouse management. The strategic investment by LEA Partners marks a new chapter for easybill as it continues to innovate and expand its services to meet the evolving needs of SMEs in Europe and beyond. In a strategic move to further drive its growth trajectory and innovation, easybill has welcomed Dr. Andreas Seifert as its new CEO.

With a proven track record of leadership and expansion, Andreas aims to propel easybill to new heights by focusing on user-friendly, EU-compliant solutions for electronic invoicing, in anticipation of regulatory changes that will mandate such technologies for small businesses.

Martin Rezaie, Partner at GP Bullhound, commented on the transaction, “We are thrilled to have advised easybill on this pivotal deal with LEA Partners. This partnership not only validates easybill’s leadership position in the market but also underscores the potential for further innovation and growth within the European SaaS landscape. LEA’s entrepreneurial spirit and strategic support, coupled with Andreas’s leadership, are set to accelerate easybill’s mission to empower SMEs with state-of-the-art business solutions.”

The easybill founders, remaining on board as shareholders and active advisors, expressed their enthusiasm for the partnership with LEA and the appointment of Andreas as CEO. Their collective aim is to continue building leading SaaS solutions for SMEs in Europe, leveraging the synergies and expertise brought forth by this collaboration.

Kurt Weise from LEA Partners shared his optimism for the future, noting the compelling value proposition easybill offers to SMEs in the DACH region. LEA Partners is committed to supporting easybill’s pursuit of growth opportunities, with a focus on enhancing its SaaS offerings and expanding its market reach.

This transaction represents another successful engagement for GP Bullhound in the B2B software space, complemented by other recent deals, including the fundraising engagement for One Click LCA, which secured a €40 million growth equity investment round from PSG and Infravia, serving as the advisor to Third Financial on their sale to Nucleus Financial Platforms and acting as exclusive financial advisor to Piwik PRO on its merger with Kirk Capital-backed Cookie Information.

For enquiries, please contact:
Martin Rezaie, Partner, at martin.rezaie@gpbullhound.com

About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 14 offices spanning Europe, the US and Asia. For more information, please visit www.gpbullhound.com. 

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