Atlanticus Acquires Mercury Financial LLC for $162 Million
September 12, 2025
Atlanticus Holdings Corporation has acquired Mercury Financial LLC for approximately $162 million in cash (with potential earn-outs tied to future credit performance), making Mercury a wholly owned subsidiary. The deal adds 1.3 million serviced credit card accounts and $3.2 billion in receivables, expanding Atlanticus' presence in the near-prime credit card market and providing additional technology, distribution partnerships, and scale.
- Buyers
- Atlanticus Holdings Corporation
- Targets
- Mercury Financial LLC
- Industry
- Payments & Fintech
- Location
- Texas, United States
- Transaction Type
- Buyout
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