Upbound Group Acquires Brigit for Up to $460 Million
December 16, 2024
Upbound Group, Inc. has entered into a definitive agreement to acquire Brigit, a financial health technology company, for total consideration of up to $460 million. The deal is expected to close in Q1 2025, subject to regulatory approvals and customary closing conditions, and will combine Brigit’s subscription cash-flow and credit-building platform with Upbound’s existing accessible financial solutions.
- Buyers
- Upbound Group, Inc.
- Targets
- Brigit
- Industry
- AI & Machine Learning
- Location
- Texas, United States
- Transaction Type
- Buyout
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