| Deal Structure and Party Summary | ||
|---|---|---|
| Deal Structure | Private Target Merger | |
| Acquirer | MoneyLion Inc. | |
| Public | Yes | |
| Industry | Financial Institutions (banks, insurance, diversified) | |
| Private equity sponsorship | No | |
| Target | Even Financial Inc. | |
| Public | No | |
| Industry | Financial Institutions (banks, insurance, diversified) | |
| Private equity sponsorship(s) | No | |
| Key Transaction Characteristics and Terms | ||
|---|---|---|
| Status | Pending | |
| Announcement date | December 16, 2021 | |
| Transaction value | $440 million | |
| Form of consideration | Mixed (cash and equity) | |
| Type of merger | Reverse Triangular | |
| Transaction Advisors | ||
|---|---|---|
| Seller / Target Counsel | ||
| Law firm #1 | Goodwin Procter LLP | |
| Individual attorney(s) | Undisclosed | |
| Acquirer Counsel | ||
| Law firm #1 | Davis Polk & Wardwell LLP | |
| Individual attorney(s) | Undisclosed | |
| Seller / Target Financial Advisors | ||
| Financial advisor #1 | Broadhaven | |
| Acquirer Financial Advisors | ||
| Financial advisor #1 | Evercore | |