Exeter Finance to be acquired by private equity firm Warburg Pincus

Dallas-based Exeter has a managed portfolio of $7B

© Can Stock Photo / focalpoint

Subprime lender Exeter Finance is being acquired by an investor group led by private equity firm Warburg Pincus from funds managed by Blackstone, Exeter announced today. The transaction is expected to close by yearend 2021. Jason Grubb will remain chief executive of the subprime lender. New York-based Warburg Pincus is an active investor in the […]

Already subscribed? Click below.

Exit mobile version