Simply Group Acquisition completed the acquisition of Dealnet Capital for $166m.

Simply Group Acquisition, a provider of financing solutions, completed the acquisition of Dealnet Capital, a consumer and commercial lending solutions provider, for $166m. “The Dealnet acquisition is highly strategic, and complementary to our business. With Dealnet on board we have further cemented our competitive advantage in the home improvement financing space. Our unprecedented dealer network will have access to a best-in-class suite of financing products and a significantly improved digital application experience," Lawrence Krimker, Simply Group Founder and CEO.