Acquisitions

Acquisitions
Chainalysis Acquires Hexagate to Combat Crypto Theft
December 18, 2024

Blockchain data platform Chainalysis has acquired Hexagate, security provider to companies like Coinbase and Consensys. “I have long believed that in order to advance the Chainalysis mission to build trust in blockchains, we would need to expand our business beyond investigations and into prevention,” Johathan Levin, the company’s CEO,...

Acquisitions
FIS Reportedly Spending $300 Million to Buy UK FinTech Demica
December 16, 2024

FIS is reportedly acquiring U.K. supply chain finance firm Demica in a $300 million deal. The two parties agreed to a deal last week, Sky News reported, citing unnamed sources. An announcement is said to be forthcoming. FIS did not immediately reply to PYMNTS’ request...

Acquisitions
Upbound to Add Financial Wellness Solutions With Brigit Acquisition
December 13, 2024

Upbound Group, the owner of the Rent-A-Center and Acima brands, agreed to acquire financial health technology company Brigit for up to $460 million. The planned acquisition will expand Upbound’s financial solutions and help create “an industry-leading technology platform for the financially underserved,” the companies said...

Acquisitions
Goldman Head Projects 2025 Dealmaking Will Exceed 10-Year-Average
December 11, 2024

The CEO of Goldman Sachs is predicting a strong year for dealmaking in 2025. Speaking to Reuters Tuesday (Dec. 10), David Solomon said that dealmaking in equities, mergers and acquisitions in 2025 could surpass 10-year averages. “I think in 2025 we will certainly be at...

Acquisitions
Report: Walgreens Discusses Sale to Private Equity Firm Sycamore Partners
December 10, 2024

Walgreens Boots Alliance and Sycamore Partners are reportedly discussing a deal that would see Walgreens sold to the private equity firm. A deal could be completed early next year, although the talks could fall apart first, The Wall Street Journal reported Tuesday (Dec. 10), citing...

Acquisitions
Loop Acquires Customer Experience Platform Wonderment
December 10, 2024

Returns company Loop has acquired customer experience platform Wonderment. The deal, announced Tuesday (Dec. 10) gives merchants access to real-time shipment insights, predictive carrier analytics, and streamlined returns processes — all from a single interface built by Shopify veterans with knowledge of that company’s system....

Acquisitions
MoneyLion Acquired by Gen Digital to Create Financial Security Ecosystem
December 10, 2024

Gen Digital plans to add financial wellness tools to its offerings by acquiring MoneyLion. The company entered into a definitive agreement to make the acquisition, which will add MoneyLion’s financial empowerment resources to Gen Digital’s credit and identity protection solutions, the companies said in a...

Acquisitions
Food Giant Mondelez Reportedly Exploring Hershey Acquisition
December 09, 2024

Consumer packaged goods giant Mondelēz is reportedly considering a deal to acquire chocolate brand Hershey. That’s according to a report Monday (Dec. 9) by Bloomberg News, citing sources familiar with the matter. The takeover, assuming it proceeds, would create a mammoth food company with total...

Acquisitions
PragmaGO to Expand B2B Embedded Finance Services After Omnicredit Acquisition
December 06, 2024

Polish FinTech PragmaGO has completed its acquisition of Romanian FinTech Telecredit IFN (Omnicredit), saying this move will help the company enter more markets in Central, Eastern and Western Europe in the coming years. This acquisition adds Omnicredit’s digital financial solutions for small- to medium-sized businesses (SMBs)...