Warburg Pincus completed the acquisition of Exeter Finance from The Blackstone Group.

Private equity firm Warburg Pincus completed the acquisition of Exeter Finance, an indirect auto finance company, from The Blackstone Group. Financial terms were not disclosed. "We are thrilled to partner with the Warburg Pincus-led investor group as we enter this next phase of growth for Exeter. We have made tremendous progress under Blackstone's ownership establishing Exeter as an industry leader, and I'm proud of the team's solid execution," Jason Grubb, Exeter CEO.