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M&A Deal Summary

Savings Group Acquires RateGenius

On July 19, 2021, Savings Group acquired financial services company RateGenius from Tritium Partners

Acquisition Highlights
  • This is Savings Group’s 2nd transaction in the Financial Services sector.
  • This is Savings Group’s 2nd transaction in the United States.
  • This is Savings Group’s 1st transaction in Texas.

M&A Deal Summary
Date 2021-07-19
Target RateGenius
Sector Financial Services
Buyer(s) Savings Group
Sellers(s) Tritium Partners
Deal Type Merger

Target

RateGenius

Austin, Texas, United States
RateGenius provides consumers with cost-saving auto refinance opportunities through its extensive lender network without charging consumers any fees. RateGenius was founded in 1999 and is based in Austin, Texas.

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Buyer(S) 1

Buyer

Savings Group

Denver, Colorado, United States
Category Company
Sector Financial Services
DESCRIPTION

Savings Group provides consumers with a diversified marketplace for automotive finance, refinance and protection plan solutions. Savings Group is based in Denver, Colorado.

DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 2 of 2
Type: Merger M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-19 AutoPay

Denver, Colorado, United States

AutoPay provides direct-to-consumer financing and refinancing for individuals looking for the best terms and a no-hassle transaction. AutoPay is based in Denver, Colorado.

Buy -

Seller(S) 1

SELLER

Tritium Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2013
PE ASSETS 1.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Tritium Partners is a private equity firm focused on acquiring profitable, growth-oriented lower middle-market companies. The Firm seeks companies with $2 to $15 million of EBITDA in the internet/information services, supply chain logistics, business services, and financial services sectors. Tritium Partners was formed in 2013 and is based in Austin, Texas.

DEAL STATS #
Overall 9 of 13
Sector: Financial Services M&A 2 of 2
Type: Merger M&A Deals 1 of 1
State: Texas M&A 5 of 6
Country: United States M&A 9 of 13
Year: 2021 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-19 Savings Group

Denver, Colorado, United States

Savings Group provides consumers with a diversified marketplace for automotive finance, refinance and protection plan solutions. Savings Group is based in Denver, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-23 Katabat

Wilmington, Delaware, United States

Katabat is a provider of debt management software solutions for lenders, fintech, and collection agencies. The software synchronizes customer offers, implements customer workflows, and builds integrated content and treatments across all customer channels. Katabat was founded in 2006 and is based in Wilmington, Delaware.

Sell -
Mergr

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