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New Deal


Announced

Completed

Sixth Street completed the acquisition of GreenSky from Goldman Sachs.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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financial software

technology company

United States

FinTech

Acquisition

Domestic

Private

Majority

Private Equity

Friendly

Single Bidder

Completed

Synopsis

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Sixth Street completed the acquisition of GreenSky, a financial technology company, from Goldman Sachs, a global investment banking, securities, and investment management firm, with participation from KKR, Bayview Asset Management, CardWorks, PIMCO and CPP Investments. Financial terms were not disclosed. “Our investor consortium looks forward to providing the GreenSky team with the resources it needs to continue innovating and delivering industry leading and easy-to-use solutions for its merchant network and their customers. We plan to put GreenSky and its experienced leadership team in the best position to succeed as the platform deepens its focus on helping grow the businesses it serves,” Michael Muscolino, Sixth Street Co-Founder and Partner.

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