Sykes Enterprises completed the acquisition of The Penny Hoarder for $103m.

Sykes Enterprises, a full life cycle provider of global customer engagement services, completed the acquisition of The Penny Hoarder, an independent personal finance digital media company, for $103m. “This acquisition marks a significant milestone and validation of hard work from The Penny Hoarder team. We’re excited to have found a partner in SYKES who believes in our mission of helping consumers make better financial decisions. The financial services industry is changing rapidly and consumers need an ally in navigating this new economy more than ever. Our partnership will give us a leg up in meeting these challenges while providing more opportunities for our employees and advertisers. We couldn’t be more thrilled to join the team,” Kyle Taylor, The Penny Hoarder Founder and Chief Executive Officer.