Hellman & Friedman takes Bill Holdings private

● PLATFORM | FINTECH

FEBRUARY 9, 2026

Hellman & Friedman in talks to take Bill Holdings private

TARGET

BILL provides cloud-based accounts payable, accounts receivable, and spend management software that automates financial operations for small and midsize businesses.

Ownership	Publicly traded
Investors	Emergence Capital Partners, DCM, Scale Venture Partners, Icon Ventures, Franklin Templeton, JPMorgan, Temasek +2 more
Capital raised	$347.1 million raised pre-IPO
Headcount	1,683 FTEs
Headquarters	San Jose, California
Sell-side advisor	—

ACQUIRER

Hellman & Friedman

Large-cap private equity firm

Ownership	—
Buy-side advisor	—

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Hellman & Friedman -> Bill Holdings  (2026-09-11)
take_private | FinTech | announced
Target: BILL provides cloud-based accounts payable, accounts receivable, and spend management software that automates financial operations for small and midsize businesses.
Website: bill.com | Buyer site: hf.com
HQ: San Jose, California | Ownership: public
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/hellman-friedman-bill-holdings.html

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