3 Acquisitions in the Credit industry - Flippa

Company acquisitions in the Credit industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 3 acquisitions that took place in the Credit industry.

Elevate Credit acquired by Park Cities Asset Management

Details about the transaction:

Acquisition amount: $67,000,000

Announcement: 16 November 2022

Details about the company:

Their cutting-edge online credit solutions provide clients today's relief right now and aid in helping them create a better financial future.

Headquarter:

Where to find them: Website

Industry: Credit, Financial Services

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Golden Pacific Bancorp acquired by SoFi

Details about the transaction:

Acquisition amount: $22,300,000

Announcement: 9 March 2021

Details about the company:

The holding company for Golden Pacific Bank Company is called Golden Pacific Bancorp.

Headquarter:

Where to find them: Website

Industry: Banking, Credit, Financial Services

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Nomad Payments acquired by Metavante Technologies, Inc

Details about the transaction:

Acquisition amount: $56,784,360

Announcement: 10 January 2008

Details about the company:

Leading provider of licensed software and processing services for prepaid and debit cards is Nomad Payments.

Headquarter:

Where to find them: Website

Industry: Credit Cards, Payments, Software

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.

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