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acquisitionAnnounced · Feb 18, 2026FintechSource · CredibleArticle · Factual
Purchasing Power
PROG Holdings
Purchasing Power · PROG Holdings

PROG Holdings acquires Purchasing Power

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
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Deal value
$420M
Target
Purchasing Power
Purchasing Power
Atlanta, Georgia
Acquirer
PROG Holdings
PROG Holdings
Full Acquisition
Status
Pending

PROG Holdings agreed to acquire Purchasing Power. Reported deal value: $420M. Status: Pending. Sector: Fintech. Target headquarters context: Atlanta, Georgia, United States.

This page summarizes publicly available information about the transaction as of 2026-02-18. Figures and status may change as filings and press coverage update.

PROG Holdings , Inc. , the fintech holding company for Progressive Leasing , Four Technologies, and Build, today announced that it has completed its previously announced acquisition of Purchasing Power , a leading voluntary employee benefit program that enables workers to purchase brand-name products and services through automatic payroll deductions or allotments

Deal timeline

Announced
Feb 18, 2026 · corp.purchasingpower.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Fintech with a reported deal value of $420M. Figures and status may change as sources update.

Sources: corp.purchasingpower.com · Primary article · FireStrike proprietary index