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New Deal


Announced

Completed

Thrivent completed the investment in College Ave Student Loans.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

United States

Friendly

Domestic

FinTech

Private

Majority

fintech lending

Completed

Acquisition

Synopsis

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Thrivent, a not-for-profit financial services organization, completed the investment in College Ave Student Loans, a fintech private student loan lender. Financial terms were not disclosed. The transformational investment emphasizes College Ave as a major player in private student loan lending. It also powers College Ave to explore faster growth and new expansion opportunities, while maintaining its promise to deliver best-in-class products for students and families.

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