---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-128068"
form_type: "8-K"
ticker: "UPBD"
cik: "0000933036"
company_name: "UPBOUND GROUP, INC."
filed_at: "2024-12-12T23:59:59+00:00"
generated_at: "2026-05-29T04:33:48.707209+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Upbound to acquire Brigit for up to $460M in cash and stock, expected to close by April 2025

## Summary
- Total consideration: $243.75M cash at close, $81.25M in stock (or cash), $75M deferred over 2 years, up to $60M earnout.
- Brigit has ~2M monthly active customers; expected 2025 revenue of $215-230M and 2026 revenue of $350-400M.
- Deal expected to be accretive to Adj. EBITDA by $25-30M in 2025 and $70-80M in 2026.
- Brigit co-founders to receive restricted stock vesting over 2 years; employment agreements become effective at closing.
- Merger conditions include HSR clearance and other regulatory approvals; termination date April 1, 2025.

## SEC filing metadata
- accession: 0001104659-24-128068
- form_type: 8-K
- ticker: UPBD
- cik: 0000933036
- company_name: UPBOUND GROUP, INC.
- filed_at: 2024-12-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/933036/000110465924128068/0001104659-24-128068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/933036/000110465924128068/tm2430553d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-128068
- JSON: https://secwatch.observer/filing/0001104659-24-128068.json
- Plain text: https://secwatch.observer/filing/0001104659-24-128068.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.