Today in acquisitions: Flexiti, Athena Software, Vanrx Pharmasystems
This week, three Canadian startups and organizations have been involved in acquisition deals, including Flexiti, Athena Software, and Vanrx Pharmasystems. Here’s the latest on Canada’s movers and shakers.
Flexiti to be acquired for $155 million CAD
Toronto-based Flexiti Financial is set to be acquired by CURO, a United States-based firm that provides credit to non-prime consumers. The purchase price is expected to total up to $155 million CAD.
A spokesperson from Flexiti told BetaKit the deal is expected to close in four to six weeks.
Flexiti’s offering is currently accepted at nearly 6,000 locations and e-commerce sites across Canada.