Announced
Completed
Financials
Tags
financial services
Acquisition
United States
Financial Data and Systems
Domestic
Majority
Private
Friendly
Single Bidder
Completed
Synopsis
OneMain, a consumer lending company, completed the acquisition of Foursight Capital, a financial services company, from Jefferies, a full-service investment banking and capital markets firm, for $115m. "Foursight is an attractive tuck-in acquisition giving us a seasoned team, scalable technology, tested credit models, a franchise dealer network and a high-quality loan portfolio to support our disciplined expansion into the auto lending business. I look forward to welcoming Mark Miller and the Foursight team to OneMain and working together to continue to diversify and grow our suite of lending products for hardworking Americans," Doug Shulman, OneMain Chairman and CEO.
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