Upstart / Prodigy Software 2021
Upstart Holdings acquired Prodigy Software on April 1, 2021.
- Target
- Prodigy Software
- Acquirer
- Upstart Holdings
- Announced
- April 1, 2021
- Sub-sector
- Lending Tech (Consumer)
Transaction overview
- Upstart Holdings announced the acquisition of Prodigy Software on April 1, 2021.
- The deal is expected to close pending customary conditions.
Strategic rationale
Accelerate expansion into auto lending market by acquiring e-commerce platform for vehicle discovery and consumer checkout.
Deal terms & multiples
Frequently asked questions
When did Upstart Holdings announce the acquisition of Prodigy Software?
Upstart Holdings announced the acquisition of Prodigy Software on April 1, 2021.
What sub-sector is Prodigy Software in?
Prodigy Software is tracked in the Lending Tech (Consumer) sub-sector.
Sources
- fool.com /investing/2021/12/28/2-growth-stocks-115-and-130-upside-wall-street/