Cevinio has been sold to Serrala, a portfolio company of Hg Capital

Amsterdam – CFI is pleased to announce that it acted as the exclusive corporate finance advisor to CNBB, Endeit, InnovationQuarter and other shareholders in the sale of Cevinio to Serrala, a portfolio company of Hg Capital.

About Cevinio
Cevinio is a European software company specialising in AI-driven automation for Accounts Payable (AP) and Accounts Receivable (AR) processes, with particular emphasis on regulatory-compliant e-invoicing. Following minority investments in 2020 and 2021 by CNBB Venture Partners, Endeit Capital and InnovationQuarter, the company further developed its technology offering and expanded its presence across key European markets, including Belgium, France, the Netherlands and Germany. Cevinio is recognised for combining regulatory expertise with scalable automation, supporting organisations in meeting increasingly complex e-invoicing requirements across multiple jurisdictions.

About Serrala
Serrala is a global provider of finance process automation software, delivering cloud-ready solutions that support end-to-end financial operations across Order to Cash, Procure to Pay, Cash Flow Management and Treasury. Headquartered in Germany and active worldwide, Serrala helps organisations automate and connect finance processes through its modular platform, integrating with leading ERP systems. With a strong focus on AI-driven automation, compliance and working capital intelligence, Serrala enables finance teams to improve operational efficiency, control and decision-making across complex and regulated environments.

About the transaction
Against the backdrop of accelerating e-invoicing mandates and growing regulatory complexity across Europe and beyond, the transaction brings together complementary capabilities in finance automation and regulatory compliance. For Cevinio, the transaction provides the opportunity to continue its development within a broader finance execution platform, ensuring continuity for customers and employees while enabling closer alignment with end-to-end finance processes. For Serrala, the acquisition represents a strategic capability expansion in the area of e-invoicing and accounts payable automation, strengthening the Serrala Finance Platform through expanded regulatory coverage, faster deployment capabilities and enhanced support for country-specific e-invoicing mandates.

CFI’s role in the process
Cevinio’s shareholders entrusted CFI with managing the process, focusing particularly on its positioning and access to potential buyers capable of assigning strategic value to Cevino’s advanced platform. CFI assisted in preparing the required material, identifying and approaching suitable strategic partners, and coordinating the negotiations between the parties. From initial preparation through execution, CFI played a key role in coordinating a complex transaction involving multiple stakeholders, resulting in a successful closing with Serrala on 6 February 2026.

Vincent Prooij, Founder & CTO of Cevinio: “We greatly appreciated the constructive and professional support provided by CFI throughout this process. Their guidance and hands-on approach were invaluable in navigating the transaction. Over the past years, we have built deep expertise in AI-driven automation and regulatory-compliant e-invoicing, and we are confident that this will create meaningful value as part of Serrala. We look forward to further developing and scaling our technology within a comprehensive and intelligent finance execution environment for customers worldwide.”