M&A Deal Summary

Regional Acceptance Acquires FSB Financial

On March 1, 2006, Regional Acceptance acquired financial services company FSB Financial

Acquisition Highlights
  • This is Regional Acceptance’s 1st transaction in the Financial Services sector.
  • This is Regional Acceptance’s 1st transaction in the United States.
  • This is Regional Acceptance’s 1st transaction in Texas.

M&A Deal Summary

Date 2006-03-01
Target FSB Financial
Sector Financial Services
Buyer(s) Regional Acceptance
Deal Type Add-on Acquisition

Target

FSB Financial

Arlington,, Texas, United States
FSB Financial, Ltd. is a provider of finance in buying nonprime automobile lending portfolios from banks, credit unions, and finance companies.

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Buyer(S) 1

Buyer

Regional Acceptance

Greenville,, North Carolina, United States

Category Company
Founded 1978
Sector Financial Services
DESCRIPTION

Regional Acceptance Corp is a national auto finance company with more experience. Company that values and cultivates deep relationships with customers and dealers. Through competitive indirect lending programs, Company help people drive the quality cars and trucks they deserve.


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: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2006 M&A 1 of 1