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.
For enquiries, please contact:
Sven Raeymaekers, Partner, [email protected]
Carl Wessberg, Partner, [email protected]
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