Shea & Company Advises Versatile Credit on its Acquisition by Synchrony Financial
Versatile Credit Profile
- Versatile Credit is a leading consumer-financing software provider connecting merchants, lenders and consumers through point-of-sale solutions, empowering its partners by delivering increased access to credit in a seamless manner.
- With deep capabilities across the furniture, home improvement, automotive, jewelry and elective medical industries, Versatile Credit connects the customers of merchants and healthcare providers with a set of lending products across multiple prime, secondary and tertiary lenders in an efficient and seamless manner.
- Versatile Credit was founded in 1995 and is headquartered in Mechanicsburg, PA.
PSG Equity Profile
- PSG Equity is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams.
- PSG Equity backed more than 160 companies and facilitated over 530 add-on acquisitions, providing extensive investment experience, deep expertise in software and technology and a firm commitment to collaborating with management teams.
- PSG Equity was founded in 2014 and is headquartered in Boston, MA.
Synchrony Financial Profile
- Synchrony Financial is a premier consumer financing company providing responsible access to credit and banking products to support healthier financial lives for tens of millions of people, enabling them to access the things that matter to them.
- Through their innovative products and experiences, Synchrony Financial supports the growth and operations of some of the country’s most respected brands, as well as more than 400,000 small and midsize businesses and health and wellness providers that Americans rely on.
- Synchrony Financial was spun out of General Electric Capital in 2014 (fka GE Capital Retail Finance) and is headquartered in Stamford, CT.
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As a proud Synchrony partner for more than 15 years, we know they share our goal of providing shoppers across the spectrum with multiple opportunities to access credit. We empower our partners with solutions to drive sales and growth while streamlining the user experience. Joining Synchrony will enable us to bring our platform to more merchants and consumers.
Ed O'Donnell
Chief Executive Officer, Versatile Credit
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As a trusted partner to some of the country's most respected brands, as well as hundreds of thousands of small- and mid-sized businesses and health & wellness providers, Synchrony is committed to bringing innovative technology and capabilities to help them grow. Versatile’s platform sits at the forefront of consumer financing, ultimately driving more sales for merchants and expanded access to credit for consumers.
Maran Nalluswami
Executive Vice President, Chief Strategy and Business Development Officer, Synchrony Financial
Transaction Notes:
- Versatile Credit’s acquisition by Synchrony Financial was announced on October 1, 2025; financial terms were not disclosed
- Shea & Company served as exclusive financial advisor to Versatile Credit and PSG Equity on the transaction