Transaction · Lending Tech (SMB) · 2026

Wafra acquires equipment lending platform Navitas Credit Corp

Wafra acquired equipment lending platform Navitas Credit Corp for $250M on June 12, 2026.

Target
equipment lending platform Navitas Credit Corp
Acquirer
Wafra
Deal value
$250M
Announced
June 12, 2026
Sub-sector
Lending Tech (SMB)

Transaction overview

  • Wafra announced the acquisition of equipment lending platform Navitas Credit Corp on June 12, 2026 for $250M.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Wafra acquires equipment lending platform Navitas Credit Corp.

Deal terms & multiples

Deal value
$250M
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
June 12, 2026
Acquirer
Wafra (Strategic)
Sub-sector
Lending Tech (SMB)

Frequently asked questions

How much did Wafra pay for equipment lending platform Navitas Credit Corp?

Wafra acquired equipment lending platform Navitas Credit Corp for $250M, announced on June 12, 2026.

When did Wafra announce the acquisition of equipment lending platform Navitas Credit Corp?

Wafra announced the acquisition of equipment lending platform Navitas Credit Corp on June 12, 2026.

What sub-sector is equipment lending platform Navitas Credit Corp in?

equipment lending platform Navitas Credit Corp is tracked in the Lending Tech (SMB) sub-sector.

Sources

  • prnewswire.com /news-releases/wafra-announces-acquisition-of-navitas-credit-corp-302799078.html