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New Deal


Announced

Completed

Setpoint completed the acquisition of Resolute Diligence Solutions.

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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United States

Consumer Lending

transportation financing

loan services

Acquisition

Majority

Domestic

Private

Completed

Friendly

Single Bidder

Synopsis

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Setpoint, a technology infrastructure for asset-backed lending, completed the acquisition of Resolute Diligence Solutions, a financial company that offers transportation financing, home rental, and loan services. Financial terms were not disclosed. “Resolute is highly complementary to the Setpoint platform and, when combined, is far and away the best in class solution for capital markets borrowers and lenders. A clear example of 1 + 1 = 4”, Michael Lam, Setpoint Co-Founder and CIO.

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