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NerdWallet acquires On The Barrelhead for $120 million

July 2022

Client(s) NerdWallet, Inc.

Jones Day advised NerdWallet, Inc. (Nasdaq: NRDS), a platform that provides financial guidance to consumers and small- and mid-sized businesses, in its acquisition of On the Barrelhead, Inc. for total consideration of $120 million, consisting of approximately $70 million in cash and $50 million in NerdWallet Class A common stock.

On the Barrelhead is a data-driven platform that provides consumers and small- and mid-sized businesses with credit-driven product recommendations to help improve their financial lives.

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