Private equity firm Calera Capital buys F&I Sentinel
Mar 2, 2022 | Articles
Private equity firm Calera Capital has purchased a majority stake in finance and insurance product compliance provider F&I Sentinel.
F&I Sentinel did not disclose terms of the deal in a Monday news release announcing the acquisition.
“We were not really looking for any investor,” F&I Sentinel CEO and co-founder Stephen McDaniel told Automotive News on Tuesday. He said his company happened upon Calera, which focuses on founder-owned businesses that have scaled quickly.