Sixth Street-Led Consortium Acquires GreenSky from Goldman Sachs
March 15, 2024
A consortium of institutional investors led by Sixth Street — including KKR, Bayview Asset Management and CardWorks, with support from PIMCO and strategic financing from CPP Investments — acquired GreenSky and associated loan assets from Goldman Sachs. The transaction, which deepens GreenSky's partnership with Synovus Bank, closed in March 2024 and transfers control of the point-of-sale home improvement lending platform to the investor group.
- Buyers
- Sixth Street, KKR, Bayview Asset Management, CardWorks, PIMCO, CPP Investments
- Targets
- GreenSky
- Sellers
- The Goldman Sachs Group, Inc.
- Industry
- Payments & Fintech
- Location
- Georgia, United States
- Transaction Type
- Buyout
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