Exeter Finance to be acquired by private equity firm Warburg Pincus Marin Wolf, The Dallas Morning News
Irving-based Exeter Finance LLC entered an agreement to be acquired by an investor group led by private equity firm Warburg Pincus, the company announced Monday.
Popular Searches
Terms of the agreement were not disclosed, but the transaction is expected to close by the end of the year. The company is being acquired from funds managed by Blackstone, which has owned Exeter since 2011.
“Exeter Finance is a pioneer in offering innovative financial solutions at scale across the credit spectrum,” said Dan Zilberman, Warburg Pincus managing director and head of special situations, in a press release. “We have over a decade-long close and successful working relationship with this best-in-class management team and are looking forward to partnering with them again in Exeter Finance.”
Exeter Finance to be acquired by private equity firm Warburg Pincus dallasnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dallasnews.com Daily Mail and Mail on Sunday newspapers.