F&I Sentinel Announces Investment by Calera Capital
Feb 28, 2022 | Articles
Tallahassee, Feb. 28, 2022 (GLOBE NEWSWIRE) — Today, F&I Sentinel – the automotive finance industry’s leading compliance solutions provider with respect to the financing of Finance and Insurance products – announced its founders have partnered with Calera Capital, a leading middle-market private equity firm, in a majority recapitalization of the business. Terms of the transaction were not disclosed.
Stephen McDaniel, Co-Founder and CEO of F&I Sentinel, said “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. 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.” He added, “We are excited to partner with Calera Capital to fuel F&I Sentinel’s future growth and expansion.”