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For more information
please contact:
Investment
Banking
Al Longfield, CFA
Managing Director
949-720-7177
alongfield@roth.com
Kamal Masud, CFA
Director
949-720-7102
kmasud@roth.com
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Transaction Information
J.C. Flowers & Co. LLC ("J.C. Flowers"), a leading private investment firm dedicated to investing globally in the financial services industry, announced that it has closed on its acquisition of iLendingDIRECT ("iLending" or "the Company'), a leading auto refinance marketing company. Terms of the transaction were not disclosed. In conjunction with the closing, financial industry veterans Steve Abernethy and Eric Dunn will join the Company's Board of Directors. Also joining the iLending Board are John Oros and Tom Harding of J.C. Flowers, and Nancy Fitzgerald, former CEO of iLending.
Roth Capital Partners served as financial advisor to iLendingDIRECT.
About iLendingDIRECT
Founded in 2006 and based in Englewood, Colorado, iLending is a national leader in automotive refinancing. Through strategic partnerships with credit unions, banks, and other financial institutions nationwide, the Company offers consumers lower interest rates on auto loans and other creative financing solutions. iLending saves consumers thousands of dollars in interest and payments and provides its lending partners with high quality loans that meet their footprint and credit criteria. By utilizing its proprietary software platform, iLending refinances auto loans and offers vehicle service contracts, GAP waivers and other vehicle protection products directly to customers. iLending is a Better Business Bureau® A+ Rated Accredited Business. For more information, please visit www.ilendingdirect.com. (Source: Company Press Release | 05.03.21)
About Roth Capital Partners
Roth Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and
their investors. As a full-service investment bank, Roth provides capital raising, M&A advisory, analytical research, trading,
market-making services and corporate access. Headquartered in Newport Beach, CA, Roth is privately-held and employee owned, and
maintains offices throughout the U.S. For more information on Roth please visit
www.roth.com. |
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Date of Announcement: 05.13.21
The material, information and facts discussed in this announcement other than the information regarding Roth Capital Partners, LLC
("ROTH") and its affiliates, are from sources believed to be reliable, but are in no way guaranteed to be complete or accurate. This announcement should not be used as a complete analysis of any
companies, securities or topics discussed herein. Additional information is available upon request. This is not, however, an offer or solicitation of the securities discussed. Any opinions or
estimates in this announcement are subject to change without notice. An investment in any security based on this announcement may involve risks and uncertainties that could cause actual results to differ
materially from the forward-looking statements. Additionally, such investments may involve a high degree of risk and may not be suitable for all investors. No part of this announcement may be
reproduced in any form without the express written permission of Roth. Copyright 2021. |
