Mergers & Acquisitions ·
Figure Technology Solutions completed its acquisition of Kiavi on September 1, 2026
FGRSFigure Technology Solutions, Inc.
Figure Technology Solutions completed its acquisition of Kiavi on September 1, 2026. The company paid approximately $590 million in net cash consideration to acquire Kiavi's technology platform and DSCR loans. This transaction was primarily funded using the $600 million aggregate principal amount from 8.500% Senior Notes due 2031 issued in July 2026. Concurrently, Figure repaid all outstanding obligations under Kiavi’s Third Amended and Restated Credit Agreement and terminated a Master Repurchase Agreement with Deutsche Bank AG. The company operates in the real estate technology sector.