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Personal Capital sells to Empower Retirement in deal worth up to $1B

Personal Capital sells to Empower Retirement in deal worth up to $1B

TechCrunch Startup News · TechCrunch

June 30, 20203m 55s

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Show Notes

Today Personal Capital, a fintech company that had attracted over $265 million in private funding, announced that it is selling itself to Empower Retirement, a company that provides retirement services to other companies. The deal is worth $825 million upon closing, with another $175 million in what are described as “planned growth” incentives, according to […]

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