M&A · Financials · Buyer's industry: Personal Credit Institutions
Enova International, Inc. to acquire Grasshopper Bank
Announced Dec 11, 2025 · Terminated Oct 16, 2026 · Private target
Deal value$369M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock
Transaction
- Acquirer
- Enova International, Inc. (ENVA)
- Target
- Grasshopper Bank
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Terminated Oct 16, 2026
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Stifel
- To the target
- Piper Sandler
Classification
- Sector
- Financials
- Buyer's industry
- Personal Credit Institutions