Announced
Completed
Financials
Tags
Private
Majority
Consumer Lending
Private Equity
Single Bidder
student loans
Domestic
Acquisition
Friendly
United States
Completed
Synopsis
Firstmark, a private equity firm, completed the acquisition of a private student loan portfolio of Wells Fargo for $10bn. Wells Fargo notified customers in September of its intention to exit the private student loan business.
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