Bregal Sagemount invests $40 mln in Open Lending

Bregal Sagemount has invested $40 million in Open Lending LLC for a “significant” minority position. Austin-based Open Lending provides loan analytics, risk-based pricing, risk modeling and automated decision technology for automotive lenders. Vaquero Capital LLC and Andrews Kurth LLP provided financial and legal counsel to Open Lending. Goodwin Procter was the attorney for Bregal Sagemount.

22 March 2016•3 mins read
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