Rocket Companies to Acquire Truebill for $1.275 Billion
December 20, 2021
Rocket Companies (NYSE: RKT) entered into an agreement to acquire Truebill, a personal finance app, for $1.275 billion in cash. The acquisition is expected to close before the end of 2021 and is intended to expand Rocket’s fintech ecosystem by adding financial wellness services that deepen consumer engagement between major real estate and financial transactions.
- Buyers
- Rocket Companies
- Targets
- Truebill
- Industry
- Payments & Fintech
- Location
- Maryland, United States
- Transaction Type
- Buyout
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