Windsor Drake Market Intelligence
Transaction · BNPL · 2020

Alliance Data / Bread 2020

Alliance Data Systems Corporation acquired Bread on October 28, 2020.

Target
Bread
Acquirer
Alliance Data Systems Corporation
Announced
October 28, 2020
Sub-sector
BNPL

Transaction overview

  • Alliance Data Systems Corporation announced the acquisition of Bread on October 28, 2020.

Strategic rationale

Expands Alliance Data's digital payments capabilities and buy now pay later offerings to retailers and bank partners.

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 28, 2020
Acquirer
Alliance Data Systems Corporation (Strategic)
Sub-sector
BNPL

Sources

  • prnewswire.com /news-releases/alliance-data-completes-acquisition-of-bread-301186414.html

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