F&I Sentinel announces investment from Calera Capital
Tallahassee, Feb. 28 28, 2022 (GLOBE NEWSWIRE) — Today, F&I Sentinel — the automotive finance industry’s leading compliance solutions provider for financing finance and insurance products — announced that its founders have partnered with Calera Capital, a market private equity firm, in connection with a majority recapitalization of the company. Terms of the transaction were not disclosed.
Stephen McDaniel, co-founder and CEO of F&I Sentinel, said, “With increasing regulatory scrutiny of F&I products, regulators are analyzing whether finance companies have a program in place to monitor the F&I products they finance. Our CITADEL® platform offers a turnkey compliance solution that addresses reputational, financial, litigation and regulatory risks related to the sale and financing of F&I products. He added, “We are delighted to partner with Calera Capital to fuel the future growth and expansion of F&I Sentinel.
“Auto finance companies, banks and credit unions face complex compliance and risk mitigation challenges,” said Paul Walsh, Senior Managing Director of Calera Capital. “F&I Sentinel represented a tremendous opportunity to invest in a market-leading company that provides unique technology and services. to help financial institutions successfully navigate these issues.
Brian Fearnow, Managing Director of Calera Capital, added, “F&I Sentinel adds tremendous value to all members of the vehicle finance ecosystem. We look forward to partnering with the leadership team to further improve and expand the way F&I Sentinel protects finance companies, dealers and consumers.
About F&I Sentinel
F&I Sentinel is the automotive finance industry’s leading provider of compliance and regulatory risk mitigation solutions. F&I Sentinel continuously monitors market developments across the United States to ensure that F&I products comply with corporate finance requirements, meet tax sustainability standards, and deliver consumer value.
For more information on our innovative solutions, visit http://fandisentinel.com and follow us on LinkedIn https://www.linkedin.com/company/fi-sentinel
About Calera Capital
Founded in 1991, Calera Capital is a private investment firm that has invested over $3.7 billion. With offices in Boston and San Francisco, Calera is focused on partnering with founders and management teams to drive meaningful value creation across their businesses, primarily in two industry sectors: business services and specialty industries. Calera Capital makes substantial equity investments in middle market companies and works closely with management to create long-term sustainable value through the implementation of strategic and operational initiatives. For more information, visit: www.caleracapital.com
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