Mergers & Acquisitions
By The Online Investor Staff, updated Fri., Dec. 5, 8:57 AM
Slide #41. PROG Holdings, Inc. — Purchasing Power
| Acquirer: |
PROG Holdings, Inc. (NYSE:PRG) |
| Acquiree: |
Purchasing Power |
| Details: |
PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Four Technologies, and Build, today announced it has reached an agreement to acquire Purchasing Power, a leading voluntary employee benefit program provider allowing employees to purchase brand-name products and services through either automatic payroll deductions or allotments. |
PROG Holdings is a financial technology holding company. Through its subsidiaries, Co. provides lease-purchase solutions. Co. has three segments: Progressive Leasing, which provides consumers with lease-purchase solutions for merchandise, including furniture, appliances, electronics, jewelry, mobile phones and accessories, mattresses, and automobile electronics and accessories from conventional and e-commerce retailers; Vive Financial, which provides customized programs, with services that include revolving loans via private label and Vive-branded credit cards; and Four, which provides consumers of all credit backgrounds with Buy Now, Pay Later options via four interest-free installments.
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December 5, 2025 8:57 AM Eastern

 Buy (2.87 out of 4)
85th percentile
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