M&A Deal Summary

OneMain Financial Acquires Trim

On April 26, 2021, OneMain Financial acquired financial services company Trim

Acquisition Highlights
  • This is OneMain Financial’s 3rd transaction in the Financial Services sector.
  • This is OneMain Financial’s 2nd transaction in the United States.
  • This is OneMain Financial’s 1st transaction in California.

M&A Deal Summary

Date 2021-04-26
Target Trim
Sector Financial Services
Buyer(s) OneMain Financial
Deal Type Add-on Acquisition

Target

Trim

Walnut, California, United States
Trim is a financial health company that empowers customers across the United States to improve their financial lives. Trim has continuously expanded its service offerings to help Americans optimize their day-to-day finances. Trim is based in Walnut, California.

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Buyer(S) 1

Buyer

OneMain Financial

Evansville, Indiana, United States

Category Company
Founded 1912
Sector Financial Services
Employees9,000
Revenue 4.5B USD (2024)
DESCRIPTION

OneMain Financial is a consumer finance company focused on providing loan products to customers through a nationwide branch network and internet lending platform. OneMain Financial was founded in 1912 and is based in Evansville, Indiana.


DEAL STATS #
Overall 3 of 4
Sector: Financial Services M&A 3 of 4
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 2 of 3
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-03 Knighthead Life

Charlotte, North Carolina, United States

Knighthead Life delivers insurance products to the pre-retirement and retirement markets. Knighthead Life was founded in 1957 and is based in Charlotte, North Carolina.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-21 Foursight

West Valley City, Utah, United States

Foursight is an automobile finance company that purchases and services automobile retail installment contracts primarily made to near-prime borrowers across 38 states. Foursight was formed in 2012 and is based in West Valley City, Utah.

Buy $115M