Capital One Acquires BlueTarp Financial
July 10, 2019
Capital One agreed to acquire BlueTarp Financial from private equity owner Long Ridge Equity Partners in a deal announced in mid‑2019 and expected to close in Q3 2019. The acquisition expands Capital One’s B2B trade‑credit and servicing capabilities by bringing BlueTarp’s credit management and trade‑credit platform and client relationships (including building‑products distribution) into Capital One.
- Buyers
- Capital One
- Targets
- BlueTarp Financial
- Sellers
- Long Ridge Equity Partners
- Industry
- Payments & Fintech
- Location
- Maine, United States
- Transaction Type
- Buyout
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