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FT Partners Advises GreenSky on its $50,000,000 Minority Investment

FT Partners Advises GreenSky on its $50,000,000 Minority Investment

Overview of Transaction

Significance of Transaction

  • In addition to the financing, GreenSky and Fifth Third announced a strategic agreement, which enables Fifth Third to originate loans and offer financing solutions to consumers through GreenSky's existing merchant network
  • Fifth Third anticipates financing $2 billion in loans originated through GreenSky's system over time
  • This transaction positions GreenSky to remain a leader in the Alternative Lending space and enables the company to continue to innovate and bring additional products to market

FT Partners' Role

  • FT Partners served as exclusive strategic and financial advisor to GreenSky and its Board of Directors
  • FT Partners leveraged its deep knowledge, extensive experience and broad industry relationships to help achieve another highly favorable outcome for the Company
  • This transaction demonstrates FT Partners' continued success advising top-tier financial technology companies
  • FT Partners also advised GreenSky on its previous $300 million financing round from TPG, DST, Iconiq and Wellington Management in October 2014