Defi Solutions and Sagent Auto to merge

Defi Solutions and Sagent Auto, two auto lending technology and services providers, have agreed to merge. The newly combined company will be known as Defi Solutions and be backed by Warburg Pincus, Bain Capital Ventures and Fiserv, Inc. No financial terms were disclosed. Bret Leech, CEO of Sagent Auto, will lead the newly merged company, which will be based in Westlake, Texas.

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