C1 Fund Inc. Acquires Position in Uphold

Ready Capital to Acquire United Development Funding IV (UDF IV)

December 12, 2024

Real Estate

Ready Capital Corporation has entered into a proposed acquisition of United Development Funding IV (UDF IV), a real estate investment trust. The companies’ proposed merger includes a partially contingent cash, stock and CVR structure, which NexPoint argues includes inadequate disclosures and a capped value below UDF IV’s reported book value.

CANDID Acquires UnifyCRM

December 5, 2024

Cloud & SaaS

CANDID, a Nashville-based mortgage marketing and sales operating system, has acquired UnifyCRM to integrate CRM capabilities into its platform. The acquisition is intended to strengthen CANDID's platform for enterprise mortgage organizations by streamlining workflows, improving engagement, and expanding product functionality.

United Fintech Acquires Cobalt

December 15, 2022

Financial Services

United Fintech has acquired 100% of Cobalt, a provider of shared ledger infrastructure and risk/data services for FX and digital assets, to strengthen its FX and digital-assets trading capabilities. Cobalt will operate as a standalone business under United Fintech, with United Fintech founder Christian Frahm named Chairman while Cobalt's leadership remains in place.

CentSai Inc. Acquires The Daily FinQ

April 13, 2022

Education

CentSai Inc., a New York–based financial education platform, has acquired TDFQ Inc., the maker of The Daily FinQ mobile financial-literacy app. The acquisition brings gamified trivia and mobile engagement capabilities to CentSai's content and learning offerings; founder Bill Ullman will remain involved as an investor and strategic advisor.

Uphold Acquires JNK Securities

March 31, 2021

Financial Services

Uphold has received FINRA regulatory approval to acquire U.S. broker-dealer JNK Securities, enabling the digital money platform to offer U.S. equities (including fractional shares) to its customers. The deal gives Uphold a regulated vehicle to integrate equities trading with its existing cryptocurrency, FX, metals and other asset offerings and to market its Digital Asset Alpha fund to institutional clients.

Goldman Sachs Acquires United Capital Financial Partners

May 16, 2019

Financial Services

The Goldman Sachs Group agreed to acquire United Capital Financial Partners, Inc. for $750 million in cash. The acquisition expands Goldman's wealth management business by adding United Capital's ~220+ financial advisors, $25 billion AUM and its FinLife CX digital platform; the deal was expected to close in Q3 2019 subject to regulatory approvals.