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New Deal


Announced

Completed

The Saving Group completed the acquisitiojn of Tresl.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

fintech

United States

automotive

Private

FinTech

Acquisition

Domestic

Completed

financial services

Single Bidder

Synopsis

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The Saving Group, a consumer marketplace for automotive finance, completed the acquisitiojn of Tresl, a FinTech company. Financial terms were not disclosed. “We welcome Tresl employees, customers, and partners into The Savings Group. We’ve been following their growth and success for years and after our first conversation with the Tresl executive team, we knew we were perfectly aligned on the mission to help drivers save time and money on their auto loans,” Seth Meyer, The Savings Group Co-CEO.

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