GreenSky’s $2.24 Billion Acquisition by Goldman Sachs

On September 15, 2021, GreenSky, Inc. (“GreenSky”) and The Goldman Sachs Group, Inc. (“Goldman Sachs”) announced that they have entered into a definitive agreement pursuant to which Goldman Sachs will acquire GreenSky, the largest fintech platform for home improvement consumer loan originations, in an all‑stock transaction valued at approximately $2.24 billion. Cravath is representing GreenSky in connection with the transaction.

The Cravath team is led by partners Daniel J. Cerqueira and Robert I. Townsend III and includes associates Kelly M. Smercina, Richard E. Schwartz, Bethany A. Pfalzgraf and Evan S. Gabor on M&A matters; senior attorney Will C. Giles and associate Caroline B. Shinkle on bank regulatory matters; partner Stephen L. Gordon and associates Arvind Ravichandran, Duncan H. Hardell and Sonia Katharani‑Khan on tax matters; partner Matthew J. Bobby, practice area attorney Arian Mossanenzadeh and associate Brendon J. Rivard on executive compensation and benefits matters; partner David J. Kappos and associate Pedraam Mirzanian on intellectual property matters; partner Matthew M. Kelly on financing matters; and senior attorney Jesse M. Weiss on antitrust matters.