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New Deal


Announced

Completed

CURO completed the acquisition of Flexiti for $121m.

Financials

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Transaction Value£88m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Majority

Cross Border

Private

Canada

Single Bidder

FinTech

Acquisition

financing solutions

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Synopsis

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CURO Group, a technology-enabled and diversified consumer finance company, completed the acquisition of Flexiti Financial, a sales financing company, for $121m. “Flexiti continues to grow at a rapid rate and this transaction will enable us to accelerate our growth trajectory. I am tremendously proud of the success that Flexiti has achieved in its seven years of operations and I have no doubt we are better positioned than ever to provide great BNPL offerings to our retail partners and cardholders. Through this acquisition, Flexiti will leverage CURO’s financial strength, lending expertise and leadership across the credit spectrum to strengthen Flexiti’s position as a leading Canadian BNPL solution provider,” Peter Kalen, Flexiti Founder and CEO.

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