#EXETER FINANCE SOFTWARE#

Jason Grubb will remain as CEO and a meaningful investor in the company, alongside the current Exeter management team.Ĭiti served as the lead financial advisor for Exeter Finance and Blackstone, along with Barclays, Deutsche Bank and Wells Fargo.

The transaction is expected to close by the end of 2021 and is subject to customary closing conditions. 'We are excited to partner with Jason and the Exeter Finance team to further build on the company's leading market position and accelerate future growth,' added Eric Friedman, Managing Director, Warburg Pincus. 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,' says Dan Zilberman, Managing Director and Head of Special Situations, Warburg Pincus. 'Exeter Finance is a pioneer in offering innovative financial solutions at scale across the credit spectrum. Notable investments in the auto value chain include: Santander Consumer USA (SCUSA), China Auto Rental, Au Financiers, Uxin, defi SOLUTIONS, Cango, and Car Trade.

#EXETER FINANCE SOFTWARE#

Warburg Pincus is a long-time, active investor in the auto industry across a variety of verticals including auto lenders, rental car providers, e-commerce distribution, and software platforms. We have made tremendous progress under Blackstone's ownership establishing Exeter as an industry leader, and I'm proud of the team's solid execution,' says Jason Grubb, Exeter's Chief Executive Officer. 'We are thrilled to partner with the Warburg Pincus-led investor group as we enter this next phase of growth for Exeter. Exeter has leveraged its extensive automobile finance industry knowledge to deliver leading-edge technology and financial solutions to more than one million customers. The company underwrites, purchases, services and securitises retail installment contracts from more than 11,000 auto dealers and 475,000 customers nationwide. Exeter Finance jobs have a history of work flexibility, including part-time scheduling, remote options, and no travel required.Exeter is a rapidly growing tech-enabled indirect auto lender, with a managed loan portfolio of more than USD7 billion. In the past, positions with the company have been in fields like accounting & finance, HR & recruiting, and as an analyst. Eligible team members also receive a competitive salary and benefits package with development and training opportunities and employee recognition. Exeter Finance looks for people who have the ability to think critically, knowledge of the auto finance industry, and strong communication skills.Įxeter Finance offers a positive, invigorating, and nurturing work environment for its staffers to enjoy and thrive in. The company continues to keep future business success in mind and since it believes its team members are integral to that success, it desires to grow its team to keep up.

The Exeter Finance team is on a mission to assist its customers in finding quality financing to purchase their next vehicle. In 2010, the company was named as the dealers’ 'Top Finance Company' by Auto Dealer Monthly and also won Auto Finance News’ Auto Finance Excellence Award in 2011. Since 2006, Exeter Finance has strived to build long-lasting partnerships with car investors, dealers, and owners to provide real value with years of expertise. Researched & Written by Kara Lidberg on the FlexJobs TeamĮxeter Finance is a financial services company, specifically for specialty auto finance, that is headquartered in Irving, Texas.

Exeter finance