Subprime lender Global Lending Services to be acquired by Sixth Street
Subprime auto lender Global Lending Services announced today that global investment firm Sixth Street will acquire it, pending regulatory approval. ...
Tag: acquisition
Solifi acquires DataScan boosting auto finance, risk management tools
Solifi, a global provider of secured finance technology, has acquired DataScan, a North American leader in wholesale finance and inventory risk ...
Dealership sales: What happens to floorplan?
What happens when a dealership changes hands? Floorplan lines of credit, mortgages and other debt must be settled as part ...
Asbury Automotive’s $1.2B deal for Koons highlights dealership M&A strength
The deal Asbury Automotive inked last week to acquire Jim Koons Automotive Companies for $1.2 billion, the largest auto retail ...
Credito Real USA eyes expansion on heels of acquisition
Subprime lender Credito Real USA is set on expanding its auto financing operations following Bepensa Capital’s acquisition of the financier. ...
Lenders to start acquiring fintechs to form ‘super apps’
Lenders may soon have the opportunity to acquire fintechs at depressed valuations as economic conditions decline and fintech operational costs ...
Shift buttons up operations in Q1
Shift is focusing on its business in existing markets in order operate in a lean and cost-effective way as the ...
National Auto Care finalizes Frost Financial Services acquisition
National Auto Care Corp. (NAC) announced last week that it has acquired guaranteed asset protection (GAP) insurance administrator Frost Financial ...
