Tech Company M&A Transactions
Bread Acquisition
On 10/29/2020, Bread was acquired by Alliance Data Systems. The acquisition price was $450 million.
Transaction Overview
Company Name
Acquired By
Announced On
10/29/2020
Transaction Type
M&A
Amount
$450,000,000
M&A Terms
Alliance, which provides co-branded and private-label credit cards, announced on Thursday (Oct. 29) that it will acquire Bread and its digital payments platform for $450 million, including $100 million of the company's common stock.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
Undisclosed
New York, NY 10022
USA
New York, NY 10022
USA
Phone
Website
Email Address
Overview
Bread is a new type of consumer finance company. We let you pay for what you need, one slice at a time. We have an extraordinary team, terrific backers, and a huge mission. See getbread.com to learn more.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Josh Abramowitz
Chief Technical Officer
Daniel Simon
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We document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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