M&A · Financials · Finance Services
Gen Digital Inc. to acquire Moneylion Inc.
Announced Dec 11, 2024 · Closed Apr 17, 2025
Deal value$1.00B
Premium6.5%To unaffected price
EV / Adj. EBITDA—
ConsiderationAll cash$82.00 per share
Transaction
- Acquirer
- Gen Digital Inc. (GEN)
- Target
- Moneylion Inc. (ML)
- Buyer type
- Strategic
- Offer price per share
- $82.00
- Enterprise value
- —
- Status
- Closed Apr 17, 2025
Deal protections
- Break fee (target pays)
- $41.0M · 4.1%
- Reverse fee (buyer pays)
- —
- Go-shop
- 45-day go-shop
- Financing
- No financing condition
Advisors
- To the acquirer
- Evercore
- To the target
- Stifel
Sector context · Financials
- Comparable deals
- 58 in the prior 24 months
- Premium
- 6.5% vs. 34.0% sector median
- EV / Adj. EBITDA
- Sector median 13.7x
- Break fee
- 4.1% vs. 3.3% sector median
Timeline
- AnnouncedDec 11, 2024
- Proxy filedMar 5, 2025
- Definitive proxyMar 5, 2025
- Shareholder voteApr 10, 2025
- ClosedApr 17, 2025
Valuation · fairness opinions
Trading comparables$59.90$87.90
Discounted cash flow$61.04$71.15
Discounted cash flow$87.23$109.52
Offer $82.00
Implied value per Moneylion Inc. share by analysis, from Stifel · DCF discount rate 17%–19%.