Calera Capital invests in F&I Sentinel
Feb 28, 2022 | Articles
F&I Sentinel — a leading compliance solutions provider with respect to the financing of F&I products — announced its founders have partnered with Calera Capital, a leading middle-market private equity firm.
According to a news release distributed on Monday, terms of the transaction that created a majority recapitalization of the business were not disclosed.
“With the increasing regulatory scrutiny regarding F&I products, regulators are analyzing whether finance companies have a program in place to monitor F&I products they finance,” F&I Sentinel co-founder and chief executive officer Stephen McDaniel said in the news release. “Our CITADEL platform offers a turn-key compliance solution that addresses the reputational, financial, litigation, and regulatory risks in connection with the sale and financing of F&I products.”