Capital One Financial Corporation (NYSE:COF) entered into a definitive agreement to acquire TripleTree, LLC from Tripletree Holdings, Llc on October 14, 2021. With this transaction, the two businesses comprising TripleTree Holdings, LLC will become two separate organizations. TripleTree is joining the Capital Markets group of Capital One Commercial Bank as a wholly owned subsidiary, operating under the current TripleTree brand and maintaining its offices in Minneapolis and New York. TTCP Management Services, LLC will continue as an independent, Minneapolis-based principal investor focused on healthcare technology and services. The transaction is expected to close in the fourth quarter of 2021, subject to customary closing conditions. Arnold & Porter Kaye Scholer LLP acted as legal advisor to Capital One in connection with the transaction. Broadhaven Capital Partners acted as financial advisor to TripleTree, and Kirkland & Ellis LLP acted as its legal advisor. Capital One Financial Corporation (NYSE:COF) completed the acquisition of TripleTree, LLC from Tripletree Holdings, Llc on November 29, 2021. TripleTree employees will be retained.