BTRS Holdings Inc. announced Wednesday an agreement to be acquired in a deal valued at $1.7 billion by private-equity fund EQT X fund, which is part of EQT. BTRS's stock was halted for news until 9:50 a.m. Eastern. Under terms of the deal, shareholders of the accounts receivable automation and payments company, known as Billtrust, will receive $9.50 in cash for each BTRS share they own, which represents a 64.6% premium to Tuesday's closing price of $5.77. The deal is expected to close in the first quarter of 2023.