OneMain Holdings, Inc. completes acquisition of Foursight Capital LLC to expand into auto lending business
Acquiring Company
OneMain Holdings
Acquired Company
Foursight Capital
EvansvilleFinancial ServicesFinanceFintechLendingBankingFinancial ServicesLendingDescription
OneMain Holdings, Inc., the leader in offering nonprime consumers responsible access to credit, has successfully completed its acquisition of Foursight Capital LLC. This strategic acquisition will support OneMain's disciplined expansion into the auto lending business by leveraging Foursight's seasoned team, scalable technology, tested credit models, franchise dealer network, and high-quality loan portfolio.
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Frequently asked
Who acquired Foursight Capital?
Foursight Capital was acquired by OneMain Holdings, based in Evansville. The deal was reported on April 1, 2024. OneMain Financial (NYSE: OMF) is the leader in offering nonprime consumers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. OneMain Holdings is publicly traded (OMF) and operates in Financial Services.
When did OneMain Holdings acquire Foursight Capital?
OneMain Holdings's acquisition of Foursight Capital was reported on April 1, 2024. OneMain Holdings, Inc., the leader in offering nonprime consumers responsible access to credit, has successfully completed its acquisition of Foursight Capital LLC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Foursight Capital do?
Foursight Capital LLC is an automobile finance company that purchases and services automobile retail installment contracts primarily made to near-prime borrowers across the country. Contracts are sourced through an extensive network of dealers. It is privately held, operating in Financial Services.
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