Figure Technology Solutions, Inc. to acquire Kiavi, Inc.

Figure Technology Solutions, Inc. has agreed to acquire Kiavi, Inc., a United States based technology firm, in a strategic acquisition valued at $590 million. The transaction was announced on 10 June 2026 and completed on 1 September 2026. Consideration for the deal was provided entirely in cash. This move represents a significant consolidation within the US technology sector, bringing together two established players to expand their respective market positions. The headline offer price of $590 million reflects the agreed valuation between the parties involved at the time of the announcement.

The acquisition allows Figure Technology Solutions to integrate Kiavi’s capabilities into its broader portfolio. Both entities operated independently prior to this merger, with distinct operational structures and market focuses. The deal structure was straightforward, involving a cash purchase without any equity swap or complex financial instruments. Regulatory approvals were secured in due course, allowing the transaction to close on schedule. The integration process began immediately following the completion date, with both companies working to align their operations under the Figure Technology Solutions umbrella. This strategic move underscores the ongoing consolidation trends within the technology industry as larger firms seek to acquire innovative assets and talent to drive future growth and maintain competitive advantage in an increasingly crowded marketplace.