Is Bill Holdings being acquired by Hellman & Friedman?

Hellman & Friedman has been in talks to acquire business payments firm Bill Holdings Inc., though deliberations are ongoing and an agreement is not certain.

Which luxury hotels are Westbrook Partners selling?

Westbrook Partners is selling the Ritz-Carlton hotels in New York and Washington D.C.

What challenges has Bill Holdings faced recently?

Bill Holdings has faced pressure from activist investors due to lower customer spending and intense competition.

Home / Business and Economy / Private Equity Eyes Bill Holdings in Major Acquisition

Private Equity Eyes Bill Holdings in Major Acquisition

6 Feb

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Summary

Bill Holdings is in acquisition talks with private equity firm Hellman & Friedman.
Activist investors have pressured Bill Holdings due to competition and spending.
Westbrook Partners is selling luxury Ritz-Carlton hotels in key US cities.

Private Equity Eyes Bill Holdings in Major Acquisition

Hellman & Friedman is reportedly in discussions to acquire business payments company Bill Holdings Inc., signaling a significant potential buyout in the financial software industry. These discussions, which have been ongoing in recent weeks, come as Bill Holdings also faces interest from other private equity firms. Despite recent stock performance improvements and an enhanced full-year forecast, the company's shares have experienced a substantial decline over the past year.

Bill Holdings, which offers payment and expense-management services to small and midsize businesses, has been under scrutiny from activist investors, including Starboard Value LP, Elliott Investment Management, and Barington Capital Group. These pressures stem from challenges such as decreased customer spending and intense market competition.