Latest Breaking News On - Lendcare holdings inc - Page 1 : comparemela.com

goeasy Ltd. (TSX: GSY), (“ goeasy” or the “ Company”), a leading full-service provider of goods and alternative financial services, announced today the successful completion of the acquisition of LendCare Holdings Inc. (“ LendCare”), a Canadian point-of-sale consumer finance and technology company, from LendCare’s founders and CIVC Partners (the “ Acquisition”) for $320 million, excluding closing adjustments, payable in a combination of cash and $10 million in common shares issued to LendCare’s founders as part of their consideration. Announced on April 12, 2021, the Acquisition of LendCare is expected to accelerate goeasy’s growth in the consumer credit market through the expansion of its product range and point-of-sale distribution platform. Founded in 2004, LendCare is one of Canada’s leading point-of-sale financing providers, with approximately 3,000 merchant, OEM and distributor relationships nationwide. Through its proprietary origination software,

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