Acquisitions

Acquisitions
New York AG Investigating Proposed Capital One-Discover Deal
October 23, 2024

New York Attorney General Letitia James is reportedly investigating Capital One’s proposed acquisition of Discover Financial Services. James asked a court for permission to issue subpoenas to Capital One, saying the bank had declined to voluntarily waive federal confidentiality protections, Bloomberg reported Wednesday (Oct. 23)....

Acquisitions
Stripe Confirms Bridge Acquisition to Build Stablecoin Infrastructure
October 21, 2024

Stripe plans to acquire stablecoin payments platform Bridge. Stripe CEO Patrick Collison and Bridge CEO Zach Abrams announced the plan in separate Monday (Oct. 21) posts on social platform X. Subject to closing conditions, the companies expect the transaction to close within months, Bridge said...

Acquisitions
Stripe Aims for Largest Acquisition Yet with $1 Billion Deal for Bridge
October 18, 2024

Stripe, the FinTech giant, is reportedly in talks to acquire crypto startup Bridge for $1 billion, according to sources familiar with the discussions. This potential acquisition would be the largest to date for Stripe, which was recently valued at $70 billion. However, the deal is...

Acquisitions
Subscription Platform Zuora Goes Private in $1.7 Billion Silver Lake Deal
October 17, 2024

Subscription management platform Zuora is set to be acquired by tech investor Silver Lake. The $1.7 billion deal is happening in partnership with an affiliate of GIC and will make Zuora a privately held company upon completion, according to a Thursday (Oct. 17) press release....

Acquisitions
Uber Reportedly Weighs Expedia Acquisition
October 17, 2024

Uber has reportedly considered acquiring Expedia to strengthen its ongoing diversification. That’s according to a report Wednesday (Oct. 16) by the Financial Times (FT) which notes that purchasing the $19 billion travel booking website would mark Uber’s largest acquisition ever. Sources told the FT that...

Acquisitions
HubSpot to Add Subscription Billing Management Tools With Cacheflow Acquisition
October 11, 2024

HubSpot plans to add subscription billing management and configure, price, quote (CPQ) tools by acquiring Cacheflow. When the transaction is completed, Cacheflow will become a wholly owned subsidiary of HubSpot, the companies said in a Friday (Oct. 11) press release. “With Cacheflow, we’re doubling down...

Acquisitions
ClearCourse Acquires B2B eCommerce Platform GOb2b
October 10, 2024

Software and embedded payments specialist ClearCourse, which has made more than 40 acquisitions since 2018, has acquired business-to-business (B2B) eCommerce platform GOb2b. The transaction will bring together ClearCourse’s industry-specific solutions for small and mid-sized businesses (SMBs) and GOb2b’s platform for businesses in the food and...

Acquisitions
Banked Bolsters Australian Pay-by-Bank Foothold With Waave Acquisition
October 10, 2024

Pay-by-bank provider Banked has acquired Australian payment technology firm Waave. The deal gives Banked a deeper foothold in Australia’s pay-by-bank sector while also establishing a partnership with local retailer Chemist Warehouse, the company said in a news release Thursday (Oct. 10). “Acquiring Waave is a...

Acquisitions
Washington-Based HAPO Community Credit Union to Acquire Community First Bank
October 09, 2024

Richland, Washington-based HAPO Community Credit Union plans to acquire Kennewick, Washington-based Community First Bank. The transaction has been approved by each institution’s board of directors and is expected to be completed in the third quarter of 2025, subject to regulatory approval, the companies said in...