Sixth Street news and trends

Goldman’s GreenSky Sale Has Implications for FinTech ‘Exit Strategies’
Fintech Investments // August 30, 2023

Goldman Sachs’ sale of its FinTech lender, GreenSky, is reportedly close to being a done deal. As reported this week, the company is, per Bloomberg, drawing interest from the private equity realm – and within the FinTech arena itself. Among the bidders reportedly in the running: Apollo Global...

Goldman Sachs Puts GreenSky Up for Sale: Potential Buyers Express Interest
Fintech Investments // June 13, 2023

Goldman Sachs is exploring strategic alternatives for its consumer arm and FinTech unit GreenSky as it scales down its retail ambitions. Among the firms that submitted initial bids for the installment lending platform, which Goldman Sachs acquired for $2.24 billion last March, are Apollo Global,...

Apollo Global Management Bows Out of Musk-Twitter Deal
Acquisitions // October 05, 2022

Apollo Global Management and Sixth Street, which both were set to provide financing for Elon Musk to buy Twitter, have backed out of those talks, Reuters wrote, citing unnamed sources. Musk and Twitter have been in a court battle following Musk’s shift away from his...

Quick Reads
Goldman Sachs Sells GreenSky Platform and Loan Assets

October 11, 2023
Goldman Sachs has announced the sale of its GreenSky platform and associated loan assets to a consortium of institutional investors led by global investment firm Sixth Street. The transaction is expected to be completed in the first quarter of 2024, subject to standard closing conditions, the global financial institution said in a Wednesday (Oct. 11) press release. Goldman […]

Goldman Sachs Puts GreenSky Up for Sale: Potential Buyers Express Interest

June 13, 2023
Goldman Sachs is exploring strategic alternatives for its consumer arm and FinTech unit GreenSky as it scales down its retail ambitions. Among the firms that submitted initial bids for the...

Apollo Global Management Bows Out of Musk-Twitter Deal

October 05, 2022
Apollo Global Management and Sixth Street, which both were set to provide financing for Elon Musk to buy Twitter, have backed out of those talks, Reuters wrote, citing unnamed sources....