Chicago, IL June 4, 2013
Flexpoint Ford, LLC (“Flexpoint”), a private equity firm focused on the financial services and healthcare sectors, today announced a definitive agreement to sell Financial Pacific Holding Corp. (“Financial Pacific”) to Umpqua Holdings Corporation (“Umpqua”). Financial Pacific has been majority owned by Flexpoint since October 2010. Financial Pacific, a commercial finance company, provides equipment lease financing […]
Cherry Hill, NJ February 1, 2013
Pelican Auto Finance, LLC (“Pelican”) announced that it has received an initial equity investment from funds affiliated with private equity firm Flexpoint Ford, LLC (“Flexpoint Ford”) and that Flexpoint Ford has been granted the option to invest up to $50 million in the aggregate in Pelican. As an indirect, deep sub-prime automotive lender, Pelican provides […]