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M&A Deal Summary

OneMain Financial Acquires Foursight

On November 21, 2023, OneMain Financial acquired financial services company Foursight from Jefferies Financial Group for 115M USD

Acquisition Highlights
  • This is OneMain Financial’s 4th transaction in the Financial Services sector.
  • This is OneMain Financial’s 2nd largest (disclosed) transaction.
  • This is OneMain Financial’s 3rd transaction in the United States.
  • This is OneMain Financial’s 1st transaction in Utah.

M&A Deal Summary
Date 2023-11-21
Target Foursight
Sector Financial Services
Buyer(s) OneMain Financial
Sellers(s) Jefferies Financial Group
Deal Type Divestiture
Deal Value 115M USD

Target

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.

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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 4 of 4
Sector: Financial Services M&A 4 of 4
Type: Divestiture M&A Deals 3 of 3
State: Utah M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2023 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-26 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.

Buy -

Seller(S) 1

SELLER

Jefferies Financial Group

New York, New York, United States
Category Company
Founded 1962
Sector Financial Services
Employees7,701
Revenue 10.5B USD (2024)
DESCRIPTION

Jefferies Financial Group is a diversified holding company engaged through its consolidated subsidiaries in a variety of businesses, including investment banking and capital markets. Jefferies Financial Group was founded in 1962 and is based in New York, New York.

DEAL STATS #
Overall 6 of 6
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 6 of 6
State: Utah M&A 1 of 1
Country: United States M&A 6 of 6
Year: 2023 M&A 1 of 1
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-16 Garcadia Auto Services

New York, New York, United States

Garcadia Auto Services is an own and operates 28 dealerships in Texas, Michigan, Iowa and California.

Sell -
Mergr

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