Announced
Completed
Financials
Sources
Tags
Acquisition
Private
Majority
Domestic
Automobiles
Friendly
auto finance
United States
Single Bidder
Completed
Synopsis
AutoNation, an automotive retailer, completed the acquisition of CIG Financial, an auto finance company. Financial terms were not disclosed. “The acquisition of CIG Financial aligns with AutoNation’s strategic business model and singular focus on personalized mobility solutions that are easy, transparent and customer-centric. This acquisition will further extend AutoNation’s relationship with its customers beyond the buying experience and throughout the vehicle ownership life cycle,” AutoNation.
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