M&A Deal Summary

Versara Lending Acquires Peerform

On November 15, 2016, Versara Lending acquired internet software and services company Peerform

Acquisition Highlights
  • This is Versara Lending’s 1st transaction in the Internet Software and Services sector.
  • This is Versara Lending’s 1st transaction in the United States.
  • This is Versara Lending’s 1st transaction in New York.

M&A Deal Summary

Date 2016-11-15
Target Peerform
Sector Internet Software and Services
Buyer(s) Versara Lending
Deal Type Add-on Acquisition

Target

Peerform

New York, New York, United States
Peerform, Inc. is a prominent personal loan marketplace lender. The Peerform Loan Analyzer, developed with leading economists, helps individuals by changing the way credit worthiness is determined.

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Buyer(S) 1

Buyer

Versara Lending

New York, New York, United States

Category Company
Sector Financial Services
DESCRIPTION

Versara Lending LLC is a consumer lender that specializes in debt consolidation loans. Versara helps consumers that seek to simplify their personal finances with a single, low, fixed monthly payment.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and 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: 2016 M&A 1 of 1