Goldman Sachs offloads GreenSky BNPL investment

Goldman Sachs signaled an acquisition thesis in asset divestiture on October 18, 2023.

Primary

Goldman Sachs

Counterparty

GreenSky

Structure

asset divestiture

Date

October 18, 2023

Sub-sector

BNPL

Goldman Sachs retreats from BNPL sector less than two years after $1.7B GreenSky acquisition, signaling sector headwinds and buyer regret.

Primary company

Goldman Sachs

Counterparty

GreenSky

Amount

Not disclosed

Event date

October 18, 2023

Sub-sector

BNPL

HQ

Not disclosed

Structure

asset divestiture

Source published

October 19, 2023

Publisher

BetaKit

Source: betakit.com