M&A Deal Summary |
|
|---|---|
| Date | 2025-01-22 |
| Target | Ally - Credit Card Business |
| Sector | Financial Services |
| Buyer(s) | CardWorks |
| Sellers(s) | Ally |
| Deal Type | Divestiture |
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CardWorks is a consumer finance lender and servicer, and a people-centric, compliance-focused organization enabled by data and technology. CardWorks was founded in 1987 and is based in Woodbury, New York.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Michigan M&A | 1 of 1 |
| Country: United States M&A | 3 of 3 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-11 |
GreenSky
Atlanta, Georgia, United States GreenSky is a technology company powering commerce at the point of sale for a growing ecosystem of merchants, consumers, and banks. The company's highly scalable, proprietary, and patented technology platform enables merchants to offer frictionless promotional payment options to consumers, driving increased sales volume and accelerated cash flow. Banks leverage GreenSky’s technology to provide loans to super-prime and prime consumers nationwide. GreenSky was formed in 2006 and is based in Atlanta, Georgia. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1919 |
| Sector | Financial Services |
| Employees | 10,700 |
| Revenue | 8.9B USD (2024) |
Ally is an automotive financial services company. Ally's automotive services business offers a full suite of financing products and services, including new and used vehicle inventory and consumer financing, leasing, inventory insurance, commercial loans and vehicle remarketing services. Ally was incorporated 1919 and is headquartered in Detroit, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Financial Services M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 3 of 3 |
| State: Michigan M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-21 |
FSF
Wilmington, Delaware, United States FSF has focused on providing products that improve the financial future of customers via leading-edge technology and proprietary, analytics-based underwriting. FSF was founded in 2016 and is based in Wilmington, Delaware. |
Buy | $750M |
