Figure Technology Solutions closes Kiavi acquisition for about $590 million - FIGR News | RalliesFigure Technology Solutions closes Kiavi acquisition for about $590 million
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FIGR• Figure Technology Solutions completes Kiavi acquisition
- Figure Technology Solutions completed its acquisition of Kiavi on Sept. 1, 2026, with Kiavi surviving as a wholly owned subsidiary.
- Cash consideration net of cash acquired totaled about $590 million for Kiavi’s technology platform and DSCR loans held on its balance sheet.
- Funding came primarily from net proceeds of $600 million of 8.500% Senior Notes due 2031, issued on July 14, 2026.
- Kiavi’s credit agreement was repaid in full at closing; a Deutsche Bank master repurchase agreement was terminated and related liens were released.
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