Announced
Completed
Financials
Sources
Tags
United States
Consumer Lending
transportation financing
loan services
Acquisition
Majority
Domestic
Private
Completed
Friendly
Single Bidder
Synopsis
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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