M&A Deal Summary

Consumer Portfolio Services Acquires Fireside Bank - Performing Automobile Receivables

On September 14, 2011, Consumer Portfolio Services acquired business services company Fireside Bank - Performing Automobile Receivables from Fireside Bank

Acquisition Highlights
  • This is Consumer Portfolio Services’ 1st transaction in the Business Services sector.
  • This is Consumer Portfolio Services’ 1st transaction in the United States.

M&A Deal Summary

Date 2011-09-14
Target Fireside Bank - Performing Automobile Receivables
Sector Business Services
Buyer(s) Consumer Portfolio Services
Sellers(s) Fireside Bank
Deal Type Divestiture

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Buyer(S) 1

Buyer

Consumer Portfolio Services

Las Vegas, Nevada, United States

Category Company
Founded 1991
Sector Financial Services
Employees933
Revenue 202M USD (2024)
DESCRIPTION

Consumer Portfolio Services is an independent consumer finance company with over $1 billion of automobile contracts. Consumer Portfolio Services was incorporated in 1991 and is headquartered in Las Vegas, Nevada.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1

Seller(S) 1

SELLER

Fireside Bank

Pleasanton, California, United States

Category Company
Sector Financial Services
DESCRIPTION

Fireside Bank is a provider of financial services.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1