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M&A Deal Summary

Amount Acquires Linear

On February 1, 2022, Amount acquired information technology company Linear

Acquisition Highlights
  • This is Amount’s 1st transaction in the Information Technology sector.
  • This is Amount’s 1st transaction in the United States.
  • This is Amount’s 1st transaction in Virginia.

M&A Deal Summary
Date 2022-02-01
Target Linear
Sector Information Technology
Buyer(s) Amount
Deal Type Add-on Acquisition

Target

Linear

Reston, Virginia, United States
Linear is a digital account origination and insights platform serving business banking and adjacent markets. Linear simplifies the borrowing and account opening experience for customers and streamlines loan and deposit origination workflows, empowering digital transformation. Linear was formed in 2021 and is headquartered in Reston, Virginia.

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Buyer(S) 1

Buyer

Amount

Chicago, Illinois, United States
Category Company
Sector Information Technology
DESCRIPTION

Amount is a financial technology company born out of disruption and built for speed. Amount partner with banks and financial institutions to rapidly digitize their financial infrastructure and optimize growth opportunities in the modern world of banking. Amount is based in Chicago, Illinois.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
Mergr

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Product

Company

Legal