3 Acquisitions of Companies in the Credit Industry

January 15, 2023
Acquisitions Hub

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:

Fort Worth, Texas, United States

Where to find them:

Industry:

Credit, Financial Services

Details about the buyer:

A company called Park Cities Asset Management specializes in alternative investments and offers financial solutions to businesses in many sectors.

Headquarter:

Dallas, Texas, United States

Where to find them:

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:

London, England, United Kingdom

Where to find them:

Industry:

Credit Cards, Payments, Software

Details about the buyer:

For enterprises and financial services organizations throughout the world, Metavante Systems creates banking and payments technologies.

Headquarter:

Milwaukee, Wisconsin, United States

Where to find them:

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:

Sacramento, California, United States

Where to find them:

Industry:

Banking, Credit, Financial Services

Details about the buyer:

A financial institution called SoFi provides a variety of loan and wealth management services.

Headquarter:

San Francisco, California, United States

Where to find them: