logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Upbound Group completes acquisition of Brigit, a leading financial health technology firm

Jan 31, 2025•11 months ago

Acquiring Company

Upbound Group

Acquired Company

Brigit

PlanoNew YorkFintechFinancial ServicesLendingHealth Care

Description

Upbound Group, Inc. has successfully closed the acquisition of Brigit, a leading financial health technology firm. This acquisition further solidifies Upbound's position as a technology and data-driven leader in accessible and inclusive financial products, expanding its scale and enhancing its ability to provide innovative financial solutions to meet a broader range of complementary consumer needs.

Company Information

Company

Upbound Group

Location

Plano, Texas, United States

About

Upbound Group, Inc. (NASDAQ: UPBD), is a technology and data-driven leader in accessible and inclusive financial products that address the evolving needs and aspirations of underserved consumers. The Company’s customer-facing operating units include industry-leading brands such as Rent-A-Center® and Acima® that facilitate consumer transactions across a wide range of store-based and digital retail channels, including over 2,300 company branded retail units across the United States, Mexico and Puerto Rico.

Related People

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed