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

Author
TechCrunch
Published
Tue 30 Jun 2020
Episode Link
https://omny.fm/shows/techcrunch-startup-news/personal-capital-sells-to-empower-retirement-in-de

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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