Tech Company M&A Transactions
Credit Karma Acquisition
Credit Karma was acquired by Intuit. The transaction was announced on 2/24/2020. Intuit said the transaction price was $7.1 billion.
Transaction Overview
Company Name
Acquired By
Announced On
2/24/2020
Transaction Type
M&A
Amount
$7,100,000,000
M&A Terms
The purchase price for Credit Karma will be payable in equal portions of cash and Intuit common stock, with the shares of Intuit common stock being valued at approximately $299.73 per share (which price was calculated based on the daily volume-weighted average sales price per share for Intuit common stock for the ten trading days ending on February 21, 2020).
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
760 Market St. 400
San Francisco, CA 94102
USA
San Francisco, CA 94102
USA
Phone
Website
Email Address
Overview
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Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kenneth Lin
Chief Financial Officer
Joseph Kauffman
Chief Marketing Officer
Greg Lull
Chief Technical Officer
Ryan Graciano
General Manager
Gannesh Bharadhwaj
VP - General Counsel
Susannah Wright
VP - Sales
Nichole Mustard
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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