Dealers ranked Portfolio No. 1 for Service Contract Reinsurance and No. 2 for Appearance Protection Products (Chemical) in the 2021 Dealers’ Choice Awards.
Portfolio earned a 13th consecutive top ranking in the Dealers’ Choice Awards, winning Platinum in the Service Contract Reinsurance category.
Creates premier F&I provider with significant growth potential and operating synergies.
Executives say F&I product providers and administrators are playing a critical role in keeping agents, dealers and consumers in business and on the road while joining the fight against the global pandemic.
Portfolio Holding Inc. has agreed to acquire National Automotive Experts/NWAN, an F&I products provider and administrator. The acquisition will unite two F&I industry leaders.
The Dallas office of Portfolio has been listed among the Best Companies to Work for in Texas for the fourth consecutive year.
Private equity firm Abry Partners has agreed to acquire F&I products and reinsurance programs provider Portfolio from Capital Z Partners.
Auto dealers ranked Portfolio first in the Service Contract Reinsurance category in this year’s DCAs, the company’s 12th consecutive top three ranking.
The F&I product provider has acquired Folsom, Calif.-based Finance Concepts LLC, one of its largest producing agencies. Terms of the transaction were not disclosed.
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