Announced
Completed
Financials
Tags
Friendly
Merger
Single Bidder
auto financing solutions
United States
Private
Leasing
Private Equity
Majority
Acquisition
Completed
Synopsis
Bain-backed defi SOLUTIONS and Sagent Auto, two leaders in auto lending technology and services, agreed to merge. Financial terms were not disclosed. “This merger has been designed to bring the best of today and tomorrow, while also minimizing disruption to our clients’ businesses,” said Stephanie Alsbrooks Hanson, founder and vice chair of defi SOLUTIONS. “I’m excited about the opportunities created by this merger for our teams, clients and the industry overall.”
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