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LendingTree to buy QuoteWizard.com

LendingTree, Inc., an online lending exchange operator has entered into a definitive agreement to acquire QuoteWizard.com LLC for a consideration of $370.2 million, PE Hub reported. QuoteWizard is an online insurance comparison marketplace that connects consumers with auto, home and health insurance. BofA Merrill Lynch provided financial advice to LendingTree on the transaction while GCA Advisors LLC did likewise for QuoteWizard.

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Mergers and Acquisitions,M&A,M&A deals,Mid-market deals