Announced

A consortium of investors to acquire Sunlight Financial.

Synopsis

A consortium of investors including Greenbacker Capital, Sunstone Credit, IGS Ventures and Cross River Bank, agreed to acquire Sunlight Financial, a technology-enabled point-of-sale finance company. Financial terms were not disclosed. “We are excited for Sunlight’s future. Our agreement and transaction with our current partners and the Consortium is a strong vote of confidence in Sunlight’s platform and the company’s growth prospects. Sunlight will emerge from this process in a stronger position, with the resources to invest in our platform and our people, both in service of our partners,” Matt Potere, Sunlight Financial CEO.

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