Windsor Drake
Transaction · Embedded Finance · 2022

InterPrivate III / Aspiration 2022

InterPrivate III Financial Partners Inc. acquired Aspiration on October 13, 2022.

Target
Aspiration
Acquirer
InterPrivate III Financial Partners Inc.
Announced
October 13, 2022
Sub-sector
Embedded Finance

Transaction overview

  • InterPrivate III Financial Partners Inc. announced the acquisition of Aspiration on October 13, 2022.
  • The deal is expected to close pending customary conditions.

Strategic rationale

SPAC merger to take climate-focused fintech platform public, enabling growth in carbon credit origination and enterprise distribution.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
October 13, 2022
Acquirer
InterPrivate III Financial Partners Inc. (Strategic)
Sub-sector
Embedded Finance

Frequently asked questions

When did InterPrivate III Financial Partners Inc. announce the acquisition of Aspiration?

InterPrivate III Financial Partners Inc. announced the acquisition of Aspiration on October 13, 2022.

What sub-sector is Aspiration in?

Aspiration is tracked in the Embedded Finance sub-sector.

Sources

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