Announced
Financials
Tags
Private
Single Bidder
online platform
Acquisition
Majority
Online and Social Platforms
Domestic
Friendly
United States
Private Equity
Pending
Synopsis
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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