Private equity firm Calera Capital buys F&I Sentinel

Automotive News

Private equity firm Calera Capital has purchased a majority stake in finance and insurance product compliance provider F&I Sentinel.

“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.

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