M&A Deal Summary

True Link Financial Acquires Next Step Network

On August 4, 2016, True Link Financial acquired business services company Next Step Network

Acquisition Highlights
  • This is True Link Financial’s 1st transaction in the Business Services sector.
  • This is True Link Financial’s 1st transaction in the United States.
  • This is True Link Financial’s 1st transaction in Kentucky.

M&A Deal Summary

Date 2016-08-04
Target Next Step Network
Sector Business Services
Buyer(s) True Link Financial
Deal Type Add-on Acquisition

Target

Next Step Network

Louisville, Kentucky, United States
Next Step Network LLC is a provider of payment cards to people in recovery from alcohol or drug addiction.

Search 205,859 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

True Link Financial

San Francisco, California, United States

Category Company
Founded 2013
Sector Financial Services
DESCRIPTION

True Link Financial, Inc. is a diversified financial services firm whose services preserve and increase individuals' independence and quality of life. The firm offers a range of payments, investment, and insurance products primarily to older adults, people with disabilities, and people in recovery.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Kentucky) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1