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New Deal


Announced

Completed

Upgrade completed the acquisition of Uplift for $100m.

Financials

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Transaction Value£77m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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payment solutions

Digital Services

United States

Domestic

Private

Friendly

Acquisition

Majority

Single Bidder

Completed

Synopsis

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Upgrade, a fintech company, completed the acquisition of Uplift, a buy now pay later payment and credit solutions provider, for $100m. "We are thrilled to welcome Uplift team members, partners and customers to Upgrade. The Uplift team has established the company as the leading BNPL provider in the travel industry, and we look forward to combining forces to make travel more accessible and affordable for millions of consumers, and over time implement similar solutions in adjacent parts of our customers' lives," Renaud Laplanche, Upgrade Co-Founder and CEO.

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