“Synchrony (NYSE: SYF) today announced it has reached a definitive agreement to acquire Allegro Credit , a leading provider of point-of-sale consumer financing for audiology products, dental services and musical instruments. Allegro Credit’s merchant network and customer base will largely join CareCredit, Synchrony’s health and wellness financing platform. The acquisition advances Synchrony’s growth and diversification strategy and accelerates its industry leading digital innovation, expanding choice at the point-of-sale for its providers, merchants and customers.”
