The Goldman Sachs Group and GreenSky have entered into a definitive agreement pursuant to which Goldman Sachs will acquire GreenSky, one of the largest fintech platforms for home-improvement consumer loan originations, in an all-stock transaction valued at approximately $2.24 billion.
With GreenSky’s lending capabilities, Goldman Sachs aims to create the consumer banking platform to help tens of millions of customers take control of their financial lives and drive higher, more durable returns.
Since its founding, GreenSky has provided simple and transparent home-improvement financing solutions for approximately 4 million customers. GreenSky has a growing network of more than 10,000 merchants and helps them accelerate their businesses by incorporating a seamless financing experience into their commerce flow. Goldman Sachs believes aligning GreenSky’s unique capabilities and growing user base with the expanding products of Marcus by Goldman Sachs will create a compel