Private Equity News & Analysis

DEAL OF THE MONTH

eBay has acquired online payment provider Bill Me Later for $945m, providing the start-up's venture backers with returns in a difficult exit market

By
PEI Staff
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eBay has acquired online payment provider Bill Me Later for $945m, providing the start-up's venture backers with returns in a difficult exit market

BILL ME LATER AT A GLANCE

Company: Bill Me Later
Founded: Current management team put together in 2001
Headquarters: Maryland, US
Financing: approximately $270m
Early investors: Azure Capital Partners; Crosspoint Venture Partners; GRP Partners Strategic investors: Amazon.com; Equifax; First Data Corporation; Chase Paymentech