Cornell Capital-backed Spectrum Automotive completed the acquisition of CARS Protection Plus.

Cornell Capital-backed Spectrum Automotive, an agent, marketer and administrator of finance and insurance products for the US automotive market, completed the acquisition of CARS Protection Plus, an American chemical company. Financial terms were not disclosed. "The CARS team did an amazing job growing the business and strengthening the Company's position as a leading provider of high-mileage VSCs," Bob Calton, Summit Park COO.