The potential sale of Exeter Finance highlights the impediment that private equity ownership can pose to financial institutions’ operations.
Warburg Pincus is in the early stages of weighing a sale of subprime auto lender Exeter Finance that could fetch $2.5 billion to $3 billion, according to people familiar with the matter.
Private equity firm Warburg Pincus is exploring a potential sale of Exeter Finance, a subprime auto lender, for an estimated price between $2.5 billion to $3 billion, according to sources cited by ...
An investor group led by Warburg Pincus has agreed to acquire auto lender Exeter Finance from Blackstone. No financial terms were disclosed. Citi served as lead financial advisor for Exeter Finance ...
Exeter Finance, one of the largest subprime auto finance companies in the U.S., said Monday it has entered into an agreement to be acquired by an investor group led by private equity firm Warburg ...
Exeter Finance is going public, joining providers such as Credit Acceptance and Consumer Portfolio Services as specialists in subprime auto finance that also sell public shares. The Texas-based ...
Exeter Finance Corp., an Irving-based auto lender that specializes in subprime loans, is filing to become a publicly traded company.Exeter, backed by private equity giant Blackstone Group, plans to ...
TALLAHASSEE, Fla. – F&I Sentinel announced today that it has entered into an agreement with Exeter Finance, a leading indirect auto finance company. The agreement with F&I Sentinel provides Exeter ...
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