M&A Deal Summary

Motive Partners Acquires Splitit Payments

On December 12, 2023, private equity firm Motive Partners acquired information technology company Splitit Payments

Acquisition Highlights
  • This is Motive Partners’ 3rd transaction in the Information Technology sector.
  • This is Motive Partners’ 8th transaction in the United States.
  • This is Motive Partners’ 1st transaction in Georgia.

M&A Deal Summary
Date 2023-12-12
Target Splitit Payments
Sector Information Technology
Buyer(s) Motive Partners
Deal Type Going Private

Target

Splitit Payments

Atlanta, Georgia, United States
Splitit Payments is a merchant-branded Installments-as-a-Service platform that solves the challenges businesses face with legacy BNPL while unlocking BNPL at the point of sale for card networks, issuers, and acquirers, all through a single network API. Splitit Payments is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

Motive Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2016
Size Small
Type Sector Focused
DESCRIPTION

Motive Partners is an investment firm focused on financial technology businesses. Prospective transaction types include management buyouts, growth financings, and venture. Motive Partners was formed in 2016 and is based in New York City.

DEAL STATS #
Overall 12 of 12
Sector (Information Technology) 3 of 3
Type (Going Private) 1 of 1
State (Georgia) 1 of 1
Country (United States) 8 of 8
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-20 With Intelligence

London, United Kingdom

With Intelligence is an independent and entrepreneurial company that provides a unique combination of proprietary data, actionable insights, and must-attend events across a range of asset classes, including hedge funds, traditional asset management, private equity, real estate, and credit/debt. With Intelligence was founded in 1998 and is based in London, United Kingdom.

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