Latitude / Symple Loans 2021
Latitude Group Holdings Limited acquired Symple Loans on January 1, 2021.
- Target
- Symple Loans
- Acquirer
- Latitude Group Holdings Limited
- Announced
- January 1, 2021
- Sub-sector
- Lending
Transaction overview
- Latitude Group Holdings Limited announced the acquisition of Symple Loans on January 1, 2021.
- The deal is expected to close pending customary conditions.
Strategic rationale
Acquire lending fintech platform to modernize personal and auto lending, expand product offerings, enter new markets, and reduce costs.
Deal terms & multiples
Frequently asked questions
When did Latitude Group Holdings Limited announce the acquisition of Symple Loans?
Latitude Group Holdings Limited announced the acquisition of Symple Loans on January 1, 2021.
What sub-sector is Symple Loans in?
Symple Loans is tracked in the Lending sub-sector.
Sources
- theadviser.com.au /breaking-news/42177-latitude-completes-acquisition-of-symple-loans