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New Deal


Announced

Completed

OneMain completed the acquisition of Foursight Capital from Jefferies for $115m.

Financials

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Transaction Value£92m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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financial services

Acquisition

United States

Financial Data and Systems

Domestic

Majority

Private

Friendly

Single Bidder

Completed

Synopsis

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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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