Goldman Sachs Closes Acquisition of GreenSky

NEW YORK and ATLANTA, March 29, 2022 – The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it has completed the previously announced acquisition of GreenSky, Inc. (“GreenSky”) in an all-stock transaction. GreenSky stockholders received 0.03 shares of common stock of Goldman Sachs for each share of GreenSky Class A common stock.

“This transaction furthers our aspirations to meet customers where they transact, providing them with simple and transparent home improvement financing solutions. As we build the consumer banking platform of the future, GreenSky will be a key component of our offering and we look forward to the contributions of our new colleagues,” said David M. Solomon, Chairman and CEO of Goldman Sachs.

David Zalik, GreenSky CEO, who will join Goldman Sachs as a Partner, said, “My colleagues and I are eager to get to work, as we now enjoy an increased opportunity set across our innovative and cloud-based platform as part of Goldman Sachs.”


The Goldman Sachs Group, Inc. is a leading global financial institution that delivers a broad range of financial services across investment banking, securities, investment management and consumer banking to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

 

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