M&A Deal Summary |
|
|---|---|
| Date | 2025-06-11 |
| Target | Crescent Bank - Auto Finance |
| Sector | Financial Services |
| Buyer(s) | Arra Finance |
| Sellers(s) | Crescent Bank |
| Deal Type | Divestiture |
SEARCH BY
Arra Finance is a subprime indirect auto finance company that purchases and services retail installment contracts originated by U.S. automobile dealers. Arra Finance is based in Irving, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Louisiana M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1991 |
| Sector | Financial Services |
Crescent Bank is an FDIC-insured bank providing retail banking services and direct lending to businesses and consumers. Crescent Bank was founded in 1991 and is based in Metairie, Louisiana.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Louisiana M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
