Partech

Sole Financial Adviser

Van Lanschot Kempen acted as Sole Financial Adviser to Partech in its €55 million investment in CFO office software company Payt

Transaction highlights

Payt, a category leading accounts receivable SaaS company with a strong presence in the SME and mid-market, receives a €55 million strategic investment by the global technology investor Partech
The company is a market leader in the Benelux and aims to accelerate its ongoing European expansion, including in Germany and the UK with the support of Partech
The investment in Payt has been made by Partech’s Growth fund. Other investments of Partech’s Growth fund include highly successful tech companies like Amboss, Billogram, Brandwatch, Brevo, Channable, Ecovadis, M-Files, Studocu and Weglot
As Sole Financial Adviser to Partech, Van Lanschot Kempen’s Tech & FinTech team added value throughout the entire investment process, from identification of the opportunity to execution and closing of the transaction
CFO office software has been a core focus area for Van Lanschot Kempen’s Tech & FinTech team and this transaction marks the next transaction in the sector and underscores the sector expertise of the team

Payt is a category leading accounts receivable SaaS company with a strong presence in the SME and mid-market
The end-to-end accounts receivable SaaS solution includes e-invoicing, intelligent dunning, collection, dispute management, credit checks, and various other functionalities, and is integrated with many accounting software packages
Payt has over 13,000 clients across the Benelux, Germany, UK & Ireland, as well as other countries
The company has an impressive growth track-record supported by strong SaaS metrics and aims to accelerate its international expansion
Payt was founded in 2012 and bootstrapped until Partech’s investment and will continue to be founder-led

Partech is a leading global tech investor with a portfolio of over 220 companies in 40 countries across four continents
Within technology, Partech invests across sectors and themes, such as AI, Applicative SaaS, Climate Tech, Consumer Tech, Financial Services, Food & Agritech, HealthTech, Industrial, Energy & IoT, Infrastructure SaaS and Marketplaces
Partech invests across different stages and has multiple funds & strategies including Seed, Venture, Growth, Africa and Impact
The teams of Partech are based in Paris, Berlin, Dakar, Dubai, Lagos, London, Nairobi, New York, and San Francisco