Vroom completed the acquisition of United Auto Credit for $300m.

Vroom, an online automotive retailer, completed the acquisition of United Auto Credit, a company which provides automotive finance, for $300m. "Building out a captive finance business that allows us to service customers across the credit spectrum is an integral part of our commitment to providing an end-to-end ecommerce solution to our customers and creates significant potential for both enhancing aggregate gross profit and improving customer satisfaction," Paul Hennessy, Vroom CEO.