Momentum advises the shareholders of easybill GmbH on the acquisition by LEA Partners
Momentum advised the shareholders of easybill GmbH (“easybill“), the market-leading software fintech provider for electronic invoicing, on the acquisition by Private Equity Investor LEA Partners and the re-investment of the easybill founders.
The shareholders of easybill have developed an automated, time-saving and legally compliant SaaS solution whose versatile modules can be used to automate key business processes such as invoicing, quotations, delivery bills, payment reminders and dunning letters in a legally compliant manner. In addition, easybill already supports more than 18,000 customers from various industries with intuitive warehouse management and preparatory accounting and offers interfaces to more than 30 well-known partner applications.
LEA Partners (“LEA“) is an entrepreneurial equity partner for founders and management teams at various stages of development and growth. With a strong B2B tech focus, LEA has already supported more than 70 technology companies in various stages of their expansion and in achieving a leading market position since 2003.
By the merger the parties intend to accelerate easybill’s growth, which has been fully self-financed to date, and to expand its leading position in the B2B sector with state-of-the-art SaaS solutions. A key focus will be on providing a user-friendly, EU-compliant solution for mandatory electronic invoicing by companies. As the new CEO, Dr. Andreas Seifert will be taking over the management of the company from easybill founders Philipp Gesell, Ronny Keyser and Christian Szardenings, who will remain with easybill as advisors and shareholders.
Deal Team Momentum:
Dr. Daniel Wied, Partner (M&A, Corporate)
Dr. Philipp Gold, Partner (M&A, Tax)
Dr. Matthias Heilmeier, Partner (M&A, Corporate)
Tobias Lämmle, Senior Associate (M&A, Corporate)
Sarah Kaspar, Senior Associate (M&A, Corporate)
LEA was advised by Milbank (Frankfurt – amongst others Dr. Michael Bernhardt, Andreas Rief, Leonard Mittmann, Lana Bierstedt). The transaction was notarized by notary Dr. Thomas Tiedemann, Frankfurt.
About Momentum:
Momentum was founded in January 2022 as a boutique firm of experienced lawyers specializing in transactions in Munich. Another location was opened in Frankfurt am Main as of July 2023. We provide efficient, proactive and pragmatic advice in the areas of M&A, private equity, venture capital, corporate law and tax law.
