Windsor Drake Market Intelligence
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.

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

Sources

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