Announced
Completed
Financials
Tags
United States
Private
Consumer Lending
Single Bidder
Private Equity
Majority
Acquisition
Domestic
consumer finance
Friendly
Completed
Synopsis
Gallatin Point Capital, a private investment firm, completed the acquisition of First Investors Financial Services Group, a consumer finance company. Financial terms were not disclosed. "As a management team, we are very excited to be partnering with Gallatin Point, a firm with an outstanding reputation, valuable industry expertise, and capital resources that will enhance our ability to grow our company," Tommy Moore, Jr., First Investors President and CEO.
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