M&A Deal Summary |
|
|---|---|
| Date | 2021-10-21 |
| Target | FSF |
| Sector | Financial Services |
| Buyer(s) | Ally |
| Sellers(s) |
Pine Brook Partners
The Orogen Group |
| Deal Type | Add-on Acquisition |
| Deal Value | 750M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1919 |
| Sector | Financial Services |
| Employees | 10,700 |
| Revenue | 8.9B USD (2024) |
Ally is an automotive financial services company. Ally's automotive services business offers a full suite of financing products and services, including new and used vehicle inventory and consumer financing, leasing, inventory insurance, commercial loans and vehicle remarketing services. Ally was incorporated 1919 and is headquartered in Detroit, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Financial Services M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 3 of 3 |
| State: Delaware M&A | 1 of 1 |
| Country: United States M&A | 3 of 3 |
| Year: 2021 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-10-01 |
Health Credit Services
Sioux Falls, South Dakota, United States Health Credit Services LLC is a technology-driven, patient financing company that partners with medical providers to offer patient financing for products and procedures not covered by insurance. The company began offering point-of-sale healthcare loans in 2014 and presently services a variety of medical providers across a broad spectrum of needs, including, cosmetics, dental, audiology, orthopedic, vision, and fertility. Health Credit Services is based in Sioux Falls, South Dakota. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-01-22 |
Ally - Credit Card Business
Detroit, Michigan, United States Ally's Credit Card Business including a portfolio of $2.3 billion in credit card receivables with 1.3 million active cardholders. Ally's Credit Card Business is based in Detroit, Michigan. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| PE ASSETS | 6.0B USD |
| Size | Mega |
| Type | Sector Focused |
Pine Brook Road Partners is a private equity group focused on growth capital investments in the energy and financial services sectors. Specific areas of interest within the energy sector include exploration, oilfield services, transportation/storage, power generation/distribution/transmission, and biofuel/renewable resources. Specific areas of interest within financial services include insurance, banks, asset management, specialty finance, and servicing/distribution/origination. Pine Brook generally acts as the lead/control investor in newly-formed or established businesses. The Firm has a special interest in 'underappreciated or overlooked' opportunities. Pine Brook Road Partners was formed in 2006 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 27 |
| Sector: Financial Services M&A | 7 of 8 |
| Type: Add-on Acquisition M&A Deals | 9 of 13 |
| State: Delaware M&A | 1 of 1 |
| Country: United States M&A | 15 of 19 |
| Year: 2021 M&A | 2 of 3 |
| Size (of disclosed) | 5 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-20 |
Talcott Resolution
Windsor, Connecticut, United States Talcott Resolution is an insurance company with capabilities including extensive life insurance and annuity product knowledge and rigorous risk and liability management. Talcott's primary blocks of business are variable annuities, fixed annuities, structured settlements, and corporate-owned life insurance. Talcott Resolution is based in Windsor, Connecticut. |
Sell | $2.3B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-14 |
United Auto Credit
Fort Worth, Texas, United States United Auto Credit is an automotive finance technology-enabled non-prime auto lender serving the independent dealer market. UACC has made significant investments in developing proprietary technology that has enabled it to adapt to the ever-changing market, scale efficiently and generate operating leverage. United Auto Credit is based in Fort Worth, Texas. |
Sell | $300M |
| Category | Company |
|---|---|
| Founded | 2016 |
| Sector | Financial Services |
The Orogen Group is an operating company created to make significant long-term strategic investments in financial services companies and related businesses with proven business models. The Orogen Group was formed in 2016 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Delaware M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-09-18 |
Westcor Land Title Insurance Co.
Maitland, Florida, United States Westcor Land Title Insurance Co. focuses on delivering insurance products and services to support the continued success of the independent title agents, their customers, and consumers. Westcor Land Title Insurance Co. was founded in 1993 and is based in Maitland, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-01 |
AgentHome
Maitland, Florida, United States AgentHome is a network of independent title agencies that each leverage the group’s growth strategies and operational synergies while maintaining their own cultures, deep relationships, community roots, and local expertise. AgentHome is based in Maitland, Florida. |
Buy | - |
