M&A Deal Summary

Candidly Acquires College Finance

On June 15, 2022, Candidly acquired financial services company College Finance

Acquisition Highlights
  • This is Candidly’s 1st transaction in the Financial Services sector.
  • This is Candidly’s 1st transaction in the United States.
  • This is Candidly’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2022-06-15
Target College Finance
Sector Financial Services
Buyer(s) Candidly
Deal Type Add-on Acquisition

Target

College Finance

Marblehead, Massachusetts, United States
College Finance is a multi-lender marketplace for education financing helping students, parents, and graduates make informed choices about financing their college education. College Finance is based in Marblehead, Massachusetts.

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Buyer(S) 1

Buyer

Candidly

New York, New York, United States

Category Company
Founded 2016
Sector Internet Software and Services
DESCRIPTION

Candidly is an AI-driven student debt and savings optimization platform that addresses the full lifecycle of education expenses and empowers people to make simultaneous progress on paying down student debt and building wealth. Candidly was founded in 2016 and is based in New York City.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1