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New Deal


Announced

Crestview Partners to invest in AutoLenders.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

online platform

Acquisition

Majority

Online and Social Platforms

Domestic

Friendly

United States

Private Equity

Pending

Synopsis

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Crestview Partners, a private equity firm, agreed to invest in AutoLenders, a regional platform for financing, buying and selling automobiles. Financial terms were not disclosed. "Our strategy has always been for AutoLenders to provide market-leading service and innovative products to our customers. By creating a data-driven and customer-centric business, AutoLenders has been able to expand at multiples of the industry growth rate and become a leading player in our geographies," Mike Wimmer, AutoLenders Founder and CEO.

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