Ally Financial Acquires Fair Square Financial for $750M

Senior Market Sales Acquires Fair Square Medicare

January 30, 2026

Insurance

Senior Market Sales (SMS), an Omaha-based insurance marketing organization and member of the Alliant Insurance Services family, has acquired Fair Square Medicare, a technology-driven Medicare care navigator platform. The acquisition is intended to expand SMS' digital capabilities, leverage Fair Square's proprietary enrollment and member-engagement software, and scale the platform nationally through SMS/Alliant distribution and carrier relationships.

CardWorks and Merrick Bank to Acquire Ally’s Credit Card Business

January 22, 2025

Financial Services

Ally Financial and CardWorks announced they have entered into a definitive agreement under which CardWorks (and its wholly-owned bank subsidiary, Merrick Bank) will acquire Ally’s credit card business. The transaction includes a $2.3 billion portfolio of credit card receivables and 1.3 million active cardholders, and is expected to close in 2025 subject to customary conditions.

Capital One Financial to Acquire Discover Financial Services in $35.3B All-Stock Deal

February 19, 2024

Payments & Fintech

Capital One Financial Corporation announced it has entered into a definitive agreement to acquire Discover Financial Services in an all-stock transaction valued at $35.3 billion. Under the terms, Discover shareholders will receive 1.0192 shares of Capital One for each Discover share, representing a 26.6% premium. The transaction was later completed in 2025 after required regulatory approvals and shareholder votes.

Square (SQ) to Acquire Majority Stake in TIDAL in $297 Million Deal

March 4, 2021

Media & Entertainment

Square Inc. entered into a definitive agreement to acquire a majority ownership stake in TIDAL for a total deal value of $297 million, funded with a mix of cash and stock. TIDAL is expected to operate independently within Square alongside the Seller and Cash App ecosystems, with existing artist shareholders remaining co-owners after closing.

Ally Financial Acquires Health Credit Services

October 1, 2019

Financial Services

Ally Financial has completed the acquisition of Health Credit Services (HCS), a Charlotte-based, technology-driven patient financing company that partners with medical providers to offer point-of-sale financing for procedures not covered by insurance. HCS, an FTV Capital portfolio company with approximately 85 employees, will operate as an indirect subsidiary of Ally Bank with its existing management team remaining in place.

Accenture Acquires Fairway Technologies

August 27, 2019

IT Services

Accenture has acquired U.S.-based Fairway Technologies, a provider of product and platform engineering services, to bolster Accenture's Product and Platform Engineering Services practice. Terms were not disclosed; Fairway comprises more than 80 engineering professionals with offices in San Diego and Irvine, California, and Austin, Texas.