M&A Deal Summary

Purefy Acquires Practiced Strategies

On June 19, 2017, Purefy acquired internet software and services company Practiced Strategies

Acquisition Highlights
  • This is Purefy’s 1st transaction in the Internet Software and Services sector.
  • This is Purefy’s 1st transaction in the United States.
  • This is Purefy’s 1st transaction in Iowa.

M&A Deal Summary
Date 2017-06-19
Target Practiced Strategies
Sector Internet Software and Services
Buyer(s) Purefy
Deal Type Add-on Acquisition

Target

Practiced Strategies

Rapids, Iowa, United States
Practiced Strategies, Inc. is a cloud-based financial technology platforms. Practiced Strategies creates integrated solutions using techniques that effectively harness the power of the cloud to distribute data and transform it into a user-rich experience. Whether you are an established company with multiple disparate systems or you are a start-up looking to compliment your fundamental purpose with a proven suite of cloud-based application services, we can guide you to a game-changing project outcome.

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Buyer(S) 1

Buyer

Purefy

Washington, District of Columbia, United States
Category Company
Founded 2014
Sector Financial Services
DESCRIPTION

Purefy is a national online lender offering student loan refinancing. Purefy offers a transparent approach and simple process which can save money on student loans. Company are now partnered with PenFed Credit Union to bring you better refinancing options, with lower rates and a wider selection of maturities.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Iowa) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
Mergr

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