Summer PBC Acquires Vault (formerly Student Loan Genius)
August 2, 2024
Summer PBC, a student-loan benefits startup, acquired certain assets, intellectual property and select client contracts from Vault Student Loan Benefits (formerly Student Loan Genius). The deal brings Vault’s team and technology into Summer to expand its employer-focused student loan repayment, college savings and financial-wellness offerings.
- Buyers
- Summer PBC
- Targets
- Vault Student Loan Benefits (formerly Student Loan Genius)
- Industry
- Financial Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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