Announced
Completed
Financials
Tags
Single Bidder
Leasing
Acquisition
Private Equity
United States
Majority
Private
Friendly
Domestic
auto finance
Completed
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.