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Announced

Nomura Strategic Ventures to invest in Percent.

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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Private Equity

Domestic

Pending

loan marketplace

United States

Single Bidder

Consumer Lending

Friendly

Minority

Acquisition

Private

Synopsis

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Nomura Strategic Ventures, an investment firm, agreed to invest in Percent, a loan marketplace. Financial terms were not disclosed. “Our strategic initiatives will help unlock the potential of the platform that we have built thus far and help realize our long term vision to modernize private credit markets. Prior to Percent, transaction parties relied on antiquated systems and disjointed processes to manage the lifecycle of a private credit deal,” Nelson Chu, Percent Founder and CEO.

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