Synchrony Financial closed its acquisition of Loop Commerce Inc.
Financial terms of the deal were not disclosed.
With the closing of the deal, the company, now known as Loop Commerce, a Synchrony Solution, expands Synchrony's technology capabilities with product lines including the GiftNow platform and service.
Morgan Stanley & Co. LLC acted as the financial adviser to Synchrony, and Sidley Austin LLC acted as its legal adviser. Steelhead Advisors LLC acted as financial adviser to Loop Commerce.
