April 2023
Advalvas acquired by Axway
33Equity is pleased to announce that it has acted as the exclusive financial advisor to AdValvas in its acquisition by Axway.
- Deal type
- Strategic deal · Founder-led business · Public deal
- 33Equity role
- Advisor to seller
About Advalvas
AdValvas, founded in 1995 and headquartered in Sint-Martens-Latem, Belgium, is a prominent provider of e-invoicing solutions. The company specializes in streamlining electronic information flows, enabling businesses to exchange financial documents more efficiently and compliantly. AdValvas has been instrumental in helping companies navigate complex e-invoicing mandates, including support for Peppol and various global B2G and B2B e-invoicing requirements.
Strategic rationale
The strategic acquisition by Axway, a global leader in B2B Integration and EDI, aims to enhance Axway's invoicing and compliance capabilities. By integrating AdValvas' expertise, Axway plans to offer enriched solutions that address evolving e-invoicing compliance requirements, such as the upcoming VAT reform in France and other international mandates.
This transaction underscores 33Equity's expertise in advising technology companies on strategic mergers and acquisitions.
