Windsor Drake Market Intelligence
Transaction · Treasury / Cash Management · 2020

MassMutual / Flourish 2020

MassMutual acquired Flourish on December 14, 2020.

Target
Flourish
Acquirer
MassMutual
Announced
December 14, 2020
Sub-sector
Treasury / Cash Management

Transaction overview

  • MassMutual announced the acquisition of Flourish on December 14, 2020.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Acquires cash management platform to expand digital financial planning capabilities and serve independent RIAs with white-labeled cash management tools.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
December 14, 2020
Acquirer
MassMutual (Strategic)
Sub-sector
Treasury / Cash Management

Frequently asked questions

When did MassMutual announce the acquisition of Flourish?

MassMutual announced the acquisition of Flourish on December 14, 2020.

What sub-sector is Flourish in?

Flourish is tracked in the Treasury / Cash Management sub-sector.

Sources

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