Capstone Headwaters advised Lantern, a revolutionary financial technology company, on its acquisition by a leading financial lending corporation. The buyer and terms of the deal were not disclosed.
The seller offers a flexible platform that uses transformative technology to empower customers in their credit decision-making process. They are a financial technology company partnering with lenders, banks, strategic partners, and credit reporting agencies to provide a proprietary platform that enhances the existing financial infrastructure.
The buyer provides tailored financial products and solutions to several hundred thousand members for borrowing, saving, spending, investing, and protecting their income.
This is one of several transactions Capstone Headwaters has recently advised in the Fintech industry.
David Francione, Managing Director, for Capstone Headwaters’ Financial Technology Practice, commented
“You have two of the best-of-breed companies in their respective markets and by combining the technology with the buyer’s footprint will provide a very differentiated offering in the marketplace."
LTK is specialized in providing logistics services to the Aerospace and Automotive sectors, with customers including the Airbus Group and Alestis Aerospace.
Looping was founded in 2011, following the acquisition of 7 parks from Compagnie des Alpes. It comprises 15 leisure parks in Europe.
Established in 1998, Irish Progressive Services International (IPSI) is a Dublin-based provider of technology-enabled Third Party Administration services to the global Life and Pensions Industry.
