Get Updates Now
GP Bullhound advised Zervant on its acquisition by Ageras

Building a software ecosystem for small businesses.

Helsinki, 2 September 2021 - GP Bullhound acted as exclusive financial advisor to Zervant on its acquisition by Ageras, backed by Investcorp. Sellers include Conor Venture Partners, Northzone, NFT Ventures and Finnish Industry Investment.

Zervant is a leading SaaS-based invoicing software company focused on micro enterprises. With more than 700,000 registered users across Europe, the platform allows users to issue invoices, track payments and get paid faster, in a simple and intuitive interface. Zervant was founded in 2010 and is headquartered in Helsinki, Finland. The entire Zervant team will join the Ageras organisation, while continuing to operate out of Helsinki, Finland.

Mattias Hansson, CEO and Co-founder of Zervant, commented: “We are pleased with the outcome of this transaction and look forward to partnering with Ageras to become the dominant ecosystem of tools for small businesses in Europe. GP Bullhound’s support has been crucial in negotiating a successful deal for the company and its shareholders.”

Sven Raeymaekers and Carl Wessberg, Partners at GP Bullhound, commented: ”We are thrilled to have advised Zervant and its shareholders on this transaction. Zervant’s invoicing capability for micro enterprises and its broad user base is a strategically important addition to Ageras and we are excited to see what the future holds for the group.”

The transaction marks GP Bullhound’s 17th software deal globally in 2021, and third in Finland this year, including the acquisition of GameRefinery by Vungle, of RealVNC by Livingbridge, and the merger of WayUp with Yello, among many others.

Enquiries
For enquiries, please contact:
Sven Raeymaekers, Partner, sven.raeymaekers@gpbullhound.com
Carl Wessberg, Partner, carl.wessberg@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 10 offices spanning Europe, the US and Asia. For more information, please visit www.gpbullhound.com

Related Articles

GP Bullhound advised WestBridge on its investment into Koto Studio.
Creating brand excellence for global brands

GP Bullhound advised WestBridge on its investment into Koto Studio.

Driving Digitalisation in Future Industries with Individual Software Solutions
GP BULLHOUND ADVISED SLASHWHY ON ITS INVESTMENT BY MAXBURG

Driving Digitalisation in Future Industries with Individual Software Solutions

Empowering publishers and advertisers with brand and privacy-safe solutions.
GP BULLHOUND ADVISED BRIDGEPOINT DEVELOPMENT CAPITAL ON ITS MAJORITY INVESTMENT INTO EQUATIV

Empowering publishers and advertisers with brand and privacy-safe solutions.

Strategic communication through a data-driven and integrated approach.
GP BULLHOUND ADVISED PRECISION STRATEGIES ON ITS STRATEGIC GROWTH INVESTMENT BY ABRY PARTNERS

Strategic communication through a data-driven and integrated approach.