SoFi - M&A Summary and Business Overview

Financial ServicesCompany

SoFi M&A Summary

SoFi has acquired 3 companies, including 2 in the last 5 years. A total of 1 acquisition came from private equity firms.

SoFi’s largest acquisition to date was in 2020, when it acquired Galileo Financial Technologies for $1.2B. SoFi has acquired in 3 different US states. The Company’s most targeted sectors include information technology (67%) and software (34%).

SoFi Business Overview

Where is SoFi headquartered?

SoFi is headquartered in San Francisco, California.

What sector is SoFi in?

SoFi is a financial services company.

When was SoFi founded?

SoFi was founded in 2011.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1
  • M&A Advisors 2

SoFi

Social Finance, Inc.

One Letterman Drive, Building C Main Floor, Suite 250,
San Francisco, California 94129
United States,
(866) 357-6342
www.sofi.com

SoFi is a finance company taking a radical approach to lending and wealth management. From unprecedented products and tools to faster service and open conversations, we’re all about helping our members get ahead and find success. SoFi was founded in 2011 and is based in San Francisco, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 1 1 - 1 - - 3
vol $1.2B $1.1B $2.3B
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
Technisys 2022-02-22 1.1B USD Add-on Acquisition
Miami, Florida · www.technisys.com
Galileo Financial Technologies, Inc. 2020-04-07 1.2B USD Add-on Acquisition
Salt Lake City, Utah · www.galileo-ft.com
Zenbanx Holding Ltd. 2017-02-01 - Add-on Acquisition
Claymont, Delaware · www.zenbanx.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 2 (67%) 1.2B (52%) - -
Software 1 (33%) 1.1B (48%) - -
Total 3 $2.3B - -

By Geo

State/Country Buy Value Sell Value
United States 3 2.3B - -
  Utah 1 1.2B - -
  Florida 1 1.1B - -
  Delaware 1 - - -
Total 3 $2.3B - -

Top M&A Advisors

Financial Deals
Citigroup Investment Banking
 1
Goldman Sachs
 1

Deal Values

buy # Total
> $1B 2 $2.3B
TOTAL $2.3B
Largest Galileo Financial Technologies, Inc.
$1.2B (2020-04-07)

M&A Connections

Deals
Acquired from
Investor(s)
33%
1 (33%)

Company Summary

SECTOR

Financial Services

Established

2011

 Subscribe to unlock this and 208,055
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 201K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for SoFi

California Companies , Financial Services Companies , United States Companies , California Financial Services Companies , California Financial Services with Acquisitions , California Financial Services with Divestitures

Related Lists for California Companies

Largest California Companies , Acquisitive California Companies , Recently Acquired California Companies , Recently Sold California Companies , Private California Companies , Public California Companies , Acquired California Companies , PE Backed California Companies

Related Lists for Financial Services Companies

Largest Financial Services Companies , Acquisitive Financial Services Companies , Recently Acquired Financial Services Companies , Recently Sold Financial Services Companies , Private Financial Services Companies , Public Financial Services Companies , Acquired Financial Services Companies , PE Backed Financial Services Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal