M&A Deal Summary

Lendio Acquires Business Bounce

On April 14, 2015, Lendio acquired financial services company Business Bounce

Acquisition Highlights
  • This is Lendio’s 1st transaction in the Financial Services sector.
  • This is Lendio’s 1st transaction in the United States.
  • This is Lendio’s 1st transaction in New York.

M&A Deal Summary

Date 2015-04-14
Target Business Bounce
Sector Financial Services
Buyer(s) Lendio
Deal Type Add-on Acquisition

Target

Business Bounce

Woodbury, New York, United States
Business Bounce is a facilitator of business financing. Business Bounce offers a suite of dynamic business solutions, including working capital.

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Buyer(S) 1

Buyer

Lendio

Lehi, Utah, United States

Category Company
Founded 2011
Sector Internet Software and Services
DESCRIPTION

Lendio is a free online service that helps business owners find the right small business loans within minutes. Lendio was founded in 2011 and is based in Lehi, Utah.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1