NerdWallet Acquires On the Barrelhead
June 23, 2022
NerdWallet, Inc. acquired On the Barrelhead, Inc. in a transaction valued at approximately $120 million (approximately $70 million cash and $50 million in NerdWallet Class A common stock). On the Barrelhead will be fully integrated into NerdWallet to accelerate the company's data and technology capabilities for improved, personalized credit product recommendations for consumers and SMBs.
- Buyers
- NerdWallet, Inc.
- Targets
- On the Barrelhead, Inc.
- Industry
- Financial Services
- Location
- Colorado, United States
- Transaction Type
- Buyout
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