Announced

Rocket Companies to acquire Truebill for $1.3bn.

Synopsis

Rocket Companies, a real estate, mortgage and financial services company, agreed to acquire Truebill, a personal finance application company, for $1.3bn. "We are very impressed with what Truebill has created – providing a simple, intuitive client experience to help its users save significant money. The company is a perfect fit for the Rocket platform. Truebill's work helping Americans keep track of their finances and providing guidance that leads to better financial outcomes follows the same philosophy as Rocket Companies – leveraging the power of technology to remove the friction from complex transactions – and applies it to everyday life," Jay Farner, Rocket Companies CEO.

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