| Target: | Cevinio |
| Buyer: | Serrala Group (portfolio company of Hg)
|
| Seller: | CNBB erquity Partners, Endeit Capital, Innovation Quarter |
| Advisory buy side: |
BJTK |Legal Advisory |
| Advisory sell side: |
CFI |Exclusive Corporate Finance Advisor Lexence |Legal Advisory |
Date announced: | 06-02-2026 |
Serrala, a global provider of finance process automation software and portfolio company of Hg, has acquired Cevinio, a European AI-driven software specialist in Accounts Payable (AP), Accounts Receivable (AR) and regulatory-compliant e-invoicing.
The transaction marks the exit of CNBB Equity Partners, Endeit Capital and InnovationQuarter, who supported Cevinio’s growth following minority investments in 2020 and 2021.
Cevinio built a strong position in regulatory-compliant e-invoicing across multiple European jurisdictions, combining deep compliance expertise with scalable automation technology. The company expanded across Belgium, France, the Netherlands and Germany and became a recognised player in managing increasingly complex e-invoicing mandates.
For Serrala, the acquisition strengthens its e-invoicing and accounts payable capabilities within its modular, cloud-ready finance platform. For Cevinio, the transaction enables further scaling within a broader global finance execution environment while ensuring operational continuity.
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