Earnest / Going Merry 2021
Earnest acquired Going Merry on November 11, 2021.
- Target
- Going Merry
- Acquirer
- Earnest
- Announced
- November 11, 2021
- Sub-sector
- Lending
Transaction overview
- Earnest announced the acquisition of Going Merry on November 11, 2021.
- The deal is expected to close pending customary conditions.
Strategic rationale
Acquisition of financial aid and scholarship platform extends Earnest's mission to reduce student debt burden and make higher education more affordable.
Deal terms & multiples
Frequently asked questions
When did Earnest announce the acquisition of Going Merry?
Earnest announced the acquisition of Going Merry on November 11, 2021.
What sub-sector is Going Merry in?
Going Merry is tracked in the Lending sub-sector.
Sources
- tmcnet.com /usubmit/2021/11/11/9490706.htm